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No, nonprofit colleges have nothing like the same incentives as for profits. For starters, eg community colleges often, by design, lose money on each student t
by earl 16y ago
No, nonprofit colleges have nothing like the same incentives as for profits. For starters, eg community colleges often, by design, lose money on each student they educate. They also, as demonstrated by points upthread, do a better job of education when education is graded as investing in successful student education.
- yummyfajitas 16y agoWhat does "lose money" mean? Does that mean tuition < cost per student, or that tuition + govt funding per student < cost per student? You might be correct if government funding for community colleges is given in a lump sum rather than on a per-student basis. But even then, you are only correct for students above N=(lump sum)/(cost per student), which is true even for for-profits (where N=max occupancy of their classrooms). The fact is, plenty of non-profits try to increase enrollment to whatever level they can reasonably support. The non-profit I attended as an undergrad advertised widely (and fraudulently), and even tried to make early/on time graduation as difficult as possible (just another way to increase enrollment).