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In theory even non-profit colleges will want more money but for profit ones have investors and CEOs that get paid based on this year's / this quarter's performa
by bsullivan01 13y ago
In theory even non-profit colleges will want more money but for profit ones have investors and CEOs that get paid based on this year's / this quarter's performance. So soon or later the obvious will happen: shady advertising, more students, less staff and resources for them and so on. It's not like they care much about the college's reputation 20 years from now.
- maratd 13y agoThe education market isn't magical. You can make the same critique about any industry, but when we do so, the reality of the situation is that we are far better off with for-profit enterprises. As consumers, workers, and investors. The government's complaint isn't that the for-profit enterprise is doing worse in comparison to some objective metric or an average of non-profit institutions. It is merely that they don't like their advertising. Would you like to provide some sort of evidence for this? > more students, less staff and resources for them