For-Profit Colleges Change Higher Education’s Landscape — from The Chronicle of Higher Education by Robin Wilson
Nimble companies (emphasis DSC) gain a fast-growing share of enrollments
At a time when American public higher education is cutting budgets, laying off people, and turning away students, the rise of for-profit universities has been meteoric.
Enrollment in the country’s nearly 3,000 career colleges has grown far faster than in the rest of higher education—by an average of 9 percent per year over the past 30 years, compared with only 1.5 percent per year for all institutions, according to an industry analyst. For-profit universities now educate about…