Interesting comparison of average costs in for-profit vs. nonprofit schools

Discussion in 'General Distance Learning Discussions' started by agschmidt, Aug 9, 2012.

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  1. agschmidt

    agschmidt New Member

  2. TEKMAN

    TEKMAN Semper Fi!

    Usually profit colleges/universities target Military students with the quote, "no out of pockets" TA and GI Bill will cover them all.
     
  3. Randell1234

    Randell1234 Moderator

    The growth numbers are due to online options- no surprise. The costs are higher but not "that much" for a bachelors degree. For-profits have more options for night and weekend classes so the trade off is worth it in some cases for working adults.
     
  4. scottae316

    scottae316 New Member

    Point made in above post
     
  5. NorCal

    NorCal Active Member

    For-Profits are greedy . . . . shocker!!:eek2:


    In all honesty these figures are not unforeseen. The real and more important question we should be asking relates to how the behaviors of the for-profit's are varied, and what are we doing to reward good behavior. . .

    I have been a skeptic of for-profit model for years (still am too) but even I have taken notice that not all of them are equally shameful. A few for-profit colleges operate with some inherent level of integrity, but the majority of them do not. Which is truly unfortunate for the few that are offering a worthwhile education at a reasonable rate of tuition.

    The end result is until these organizations get a handle on their peers who operate in such a greedy and despicable manner, it's truly the graduate who suffers. A mountain of debt and a questionable name on top of their diploma forcing more and more human resource personnel to roll their eyes and forever question their qualifications.

    Another interesting topic of discussion relates to for-profit models and how they plan to move forward? Will they change their tactics, or will they just evolve and begin hiding behind inherently viewed noble organizations such as religious institutions? I guess time will tell. . . .
     
    Last edited by a moderator: Aug 10, 2012
  6. Andy Borchers

    Andy Borchers New Member

    A few years ago I looked at the cost structure of for-profits versus non-profits. There is a big difference. For-profits that I examined (publicly traded) consumed 50% of their revenue in profit and marketing (and 50% in operations, e.g. education!). In non-profits, education consumed 85-90% of revenue and marketing 10% or less.

    Regards - Andy
     
  7. me again

    me again Well-Known Member

    As a side note, a friend graduated from Coastal Law School, which is a for-profit. She passed the bar and has been in practice for about a decade. However, she duly notes that she graduated from a for-profit school because there has been so much discussion about for-profits, even in legal circles i.e. when she applies for a job, she goes up against traditional Harvard grads, etc. She noted that there are some crappy lawyers from prestigious universities (her assessment).

    I'm contemplating a RA Masters theology degree from a non-profit university (Barry University or St. Thomas University), while concurrently pursuing a for-profit Masters from American Military University. It will be interesting to see how AMU's for-profit reputation fares in the next few years.
     
  8. scaredrain

    scaredrain Member

    As someone who completed two degrees at for profit institutions and two at non profit institutions, I can say that I had to work the same at both types of institutions. There were no easy grades or breaks at either type of institution. I also ran into bad professors at both types, as well as really great ones. The same could be said of students at either type, some worked hard, others always complained. As for the costs, as many have already stated, the fact that for profits can offer almost every single course in their course inventory, every single semester and run concurrent semesters, is something the non profit institutions cannot offer.
     
  9. bpreachers

    bpreachers New Member


    So far I have been quite pleased with the fact that the college I received my Undergrad from (AMU) has been able to stay "out of the hot seat" so to speak.
     
  10. Randell1234

    Randell1234 Moderator

    Like you, I have completed a mix of degrees and certificates (2 public university, 1 private/non-profit, and 2 for-profit). I had good and bad experiences with each. The for-profit was easier to work with in the sense that they offered more class options and start dates.
     
  11. Randell1234

    Randell1234 Moderator

    HOLD ON - did you say at one time you were so exhausted from the DBA that you would never return for another degree? How you are double-dipping?
     
  12. me again

    me again Well-Known Member

    I... can't... seem... to... stop. :dunce:

    Somebody help!!! :eek:
     

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