The problem is much bigger than most people can even fathom. Many articles, including the one mentioned by atsaloli will provide insight into the situation. As

The problem is much bigger than most people can even fathom. Many articles, including the one mentioned by atsaloli will provide insight into the situation. As to your question of whether it is 'they think they will make money' OR 'elaborate exit strategy, logic would indicate and the evidence overwhelmingly supports the latter. I am (unfortunately) confident that history will not look favorably on the majority of these for profit colleges that pose as reputable institutions. The incentives are completely misaligned. Here are a few good references to look at: http://usatoday30.usatoday.com/news/education/story/2012-07-30/for-profit-schools-report/56589260/1 http://usatoday30.usatoday.com/news/education/story/2012-07-... http://www.nber.org/papers/w17710 http://www.nber.org/papers/w17710 http://www.huffingtonpost.com/2011/06/07/for-profit-colleges-statistics-federal-dollars_n_872834.html http://www.huffingtonpost.com/2011/06/07/for-profit-colleges...