Report

The For-Profit Postsecondary School Sector: Nimble Critters or Agile Predators?

This working paper examines the growth in the proprietary college sector. The researchers conclude that “for-profits educate a larger fraction of minority, disadvantaged, and older students, and they have greater success at retaining students in their first year and getting them to complete short programs at the certificate and associate degree levels.

But [they] also find that for-profit students end up with higher unemployment and “idleness” rates and lower earnings six years after entering programs than do comparable students from other schools, and that they have far greater student debt burdens and default rates on their student loans.”