For-Profit Colleges: Neither Educationally nor Economically Equivalent

Autor/in	Tucker, Frederick
Titel	For-Profit Colleges: Neither Educationally nor Economically Equivalent
Quelle	In: Research in Higher Education Journal, 40 (2021), (15 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1941-3432
Schlagwörter	Proprietary Schools; Colleges; Outcomes of Education; Student Loan Programs; Debt (Financial); Public Colleges; Probability; Graduation Rate; Two Year Colleges; Bachelors Degrees; Associate Degrees; Federal Aid; Grants; Educational Legislation; Federal Legislation; Higher Education; Wages; Postsecondary Education; Student Characteristics; Beginning Postsecondary Students Longitudinal Study + Suchen Sie Ihr Suchwort? College; Hochschule; Fachhochschule; Lernleistung; Schulerfolg; Wahrscheinlichkeitsrechnung; Wahrscheinlichkeitstheorie; 'Bachelor''s degrees'; Bachelor-Studiengang; Grant; Finanzielle Beihilfe; Bildungsrecht; Schulgesetz; Bundesrecht; Hochschulbildung; Hochschulsystem; Hochschulwesen; Wage; Löhne; Post-secondary education; Tertiäre Bildung
Abstract	Deregulation of for-profit colleges led to a precipitous rise in enrollments from 1990 to 2010. Since 2010, regulation, investigations, and sanctions have led to enrollment declines in for-profit postsecondary institutions. Initially barred from receiving Title IV federal funds, in the form of Pell Grants and Stafford Loans, for-profit colleges gained access to Title IV funds in 1972 on the grounds that these institutions were educationally equivalent to, or more economical than public and non-profit institutions. This paper examines Beginning Postsecondary Student longitudinal data from 2012/17, utilizing regression analyses to determine whether the for-profit college sector produces similar educational outcomes and student loan debt compared to the public higher education sector. Findings indicate that degree-seeking students enrolling in 2-year programs at for-profit colleges have approximately half the odds of degree attainment as demographically similar students at public colleges; students entering 4-year, for-profit programs have approximately a quarter the odds of achieving a bachelor's degree as their public college counterparts. Students at for-profit colleges, moreover, take on significantly greater student loan debt than demographically similar students at public colleges. Federal funds might better be spent subsidizing under-funded, overcrowded public colleges than enabling America's most disadvantaged students to incur debt at for-profit colleges that are neither educationally nor economically equivalent. (As Provided).
Anmerkungen	Academic and Business Research Institute. 147 Medjool Trail, Ponte Vedra, FL 32081. Tel: 904-435-4330; e-mail: editorial.staff@aabri.com; Web site: http://www.aabri.com
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01