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> I am not sure about the specifics of this case, but the Department of Education has been looking at for-profit schools much harder than non-profits. This see
by ethbro 10y ago
> I am not sure about the specifics of this case, but the Department of Education has been looking at for-profit schools much harder than non-profits.
This seems fair to me. You can argue that wasted money at NFP schools ends up in someone's pocket, but bald faced "every buck not spent educating you" going into the pocket of capital seems worse.
If the outcomes at FP higeher education aren't better, why not avoid funneling federal money (in the form of no interest loans, etc) directly in private profits?
- nickff 10y agoNon-profits are often compared by examining their overhead as a percentage of total spending, rather than their efficacy per dollar (or overall). This holds back many great charities, and benefits others which consistently waste money on doomed projects with low overheads. It seems to be just as wrong to assume that retained earnings or dividends are wasted overhead and compare organizations on that basis alone.
- deleted 10y ago[deleted]