FOR-PROFIT HIGHER EDUCATION – DOES IT ULTIMATELY BENEFIT THE UNITED STATES GOVERNMENT?
Abstract
Proprietary education has a long history dating back to the 1600’s, which is similar to traditional institutions such as Harvard University. However, in the twentieth century, the number of for-profit institutions rose tremendously. Since the federal government has taken a special interest in making it fair for everyone to earn a college degree by providing federal student loans to all, college programs, for not-for-profit and for-profit alike, are scrutinized and regulated through public policy. This article analyzes and connects public policy issues as they relate to for-profit education and explains why these issues are relevant in America today. This article suggests that, ultimately, for-profit education benefits the United States government.