What’s So Profitable About For-Profits?

by Carol Iannone

If for-profit colleges are attuned to the market and provide a better model of competitiveness, why are their tuition and fees as high as the not-for-profits? Their for-profit status evidently yields no benefit to the consumer. They rely on the no-risk availability of federal money and send what profits they make to their investors. Why should these investors profit from taxpayer money?  

Phi Beta Cons

The Right take on higher education.