{"id":2738,"date":"2016-08-31T14:47:25","date_gmt":"2016-08-31T14:47:25","guid":{"rendered":"http:\/\/nortonnorris.com\/?p=2738"},"modified":"2016-08-31T14:47:25","modified_gmt":"2016-08-31T14:47:25","slug":"profit-vs-non-profit-mindsets-higher-education","status":"publish","type":"post","link":"https:\/\/nortonnorris.com\/profit-vs-non-profit-mindsets-higher-education\/","title":{"rendered":"For-Profit vs. Non-Profit Mindsets in Higher Education"},"content":{"rendered":"
The recent purging of for-profit career colleges such as Corinthian, Westwood, Sanford Brown, and Marinello Beauty Schools has certainly grabbed the headlines. And now the possible demise of for-profit higher ed giant ITT begs us to question the mindset that all colleges operating under a for-profit vs. non-profit tax status are somehow evil.<\/p>\n
Whether we like it or not, there\u2019s a certain stigma that comes along with the for-profit title. Here is how one organization that supports high school counselors and prospective students defines the difference between non-profit and for-profit<\/a> colleges:<\/p>\n Wow! No bias there, huh? I didn\u2019t realize that non-profits didn\u2019t need to make money by the way. And the subtle omission of our tax dollars as another form of funding for non-profits is interesting.<\/p>\n Perhaps the money made by non-profits does go back to the school, but in whose pocket? A review by the Huffington Post<\/a> of the annual report from The Chronicle of Higher Ed showed that the heads of 93 non-profit colleges made more than $500,000 a year and nine public university presidents made more than $1 million in 2013.<\/p>\n Some are even calling into question the international student recruitment tactics of non-profits. For many, the influx of cash paying, foreign students is a financial enticement that can be viewed as displacing U.S. students<\/a>.<\/p>\n As taxpayers, shouldn\u2019t we all expect<\/u> a return on our tax dollar investment from public colleges and universities?<\/p>\n Is the attack on for-profit colleges based on a fear there aren\u2019t enough students to go around?<\/p>\n Of course there are.<\/p>\n In fact, the big push for everyone to attend the community college will only inflate already overcrowded classes and negatively impact retention. \u00a0They’re not alone either with student outcomes as a major conversation on campuses across the nation. When stacked up against the competition, drop out rates show that these students aren\u2019t being served at an optimum level by public and private non-profits.<\/p>\n On the other side of the coin are the selective schools across the country that deny thousands of students access to their institutions each year. It\u2019ll always be that way, too because their selection methods are a huge part of what sets them apart and makes them desirable.<\/p>\n But we need to find a middle ground here.<\/p>\n In case you\u2019ve been living under a rock, America isn\u2019t exactly leading the race when it comes to college degree attainment.<\/p>\n Don\u2019t we deserve more than just a few options when pursuing training or a degree? You bet we do!<\/p>\n Community colleges, state universities, and private colleges have been around for hundreds of years. Yet many people vote with their feet by choosing to attend a for-profit career college. Could it simply be that people prefer short-term training or online options<\/a> with scheduling flexibility and a small school feel?<\/p>\n If there is any comfort for the for-profit college industry, one only has to look back at the journey of for-profit hospitals.<\/p>\n Yep, they do indeed exist. They\u2019re thriving too.<\/p>\n After the first for-profit hospital chain opened in 1960, it also had to go through their share of scrutiny, fraud scandals, and government interventions. Many non-profit hospitals feared change and felt threatened by the focus on business practices.<\/p>\n\n
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The Overcrowding and Retention Problem<\/h2>\n
The Rise of the Career College Was Not a Mistake<\/h2>\n