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Private, for-profit schools
constitute 39% of all postsecondary institutions in
the U.S. in 2004-2005.
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61% of postsecondary institutions
in the U.S. are either public or
private, not-for-profit institutions.
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In 2004, slightly less than 7% of 17.7
million college students attended a for-profit
school.
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The vast majority of students -
93.3% - enrolled in degree-granting public or
private, not-for-profit institutions.
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For-profit institutions
enroll 6.7% of all postsecondary students, however,
they enroll 16% of all Black students, 14% of
Hispanic students and 4% of Native American
students.
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One-third of students enrolled at
public and private, non-profit U.S. institutions are
minority. Forty-eight percent of enrolled students
at for-profit schools are minority, compared to 33% at public and not-for-profit schools.
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On average, tuition is more expensive than two-year or
four-year public institutions, but less expensive than tuition at private, not-for-profit institutions.
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Across the board, tuition is generally the most expensive at private, not-for-profit colleges and universities.
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70% of full-time undergraduates
attending private, for-profit institutions receive
federal, state, or institutional grant aid.
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82% of full-time undergraduates
enrolled at private, non-profit colleges and
universities receive financial aid.
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Of 3,458 nationally accredited institutions, 79% are
for-profit schools. 2.6% of all regionally
accredited colleges and universities are for-profit
institutions.
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Non-profit colleges and universities make up 97.4%
of 2,963 regionally accredited institutions in
the U.S. Of nationally accredited institutions,
20.9% are non-profit.
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Advantages:
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Considered flexible and highly responsive to
the needs of adult learners seeking
postsecondary education
- More focused on job-specific curriculums
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More likely than non-profit sector to serve
lower-income, minority, and first-generation
college students
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Advantages:
- Are most likely to be regionally accredited and ease credit transfer
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Lack the stigma of over-aggressive marketing
to prospective students
- Generally thought to have name recognition and be considered more prestigious
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