for profit college

what to know about them

Student debt

  • 47% of students have defaulted on their loans attended for-profit colleges.
  • 7.5% of students at non-profit private colleges default within three years of entering repayment and 11% of students from public schools default.

How do for profit colleges spend their money?

  • 22.7% on marketing, advertising, admissions and recruitment.
  • 19.4% on pre-tax profit.
  • Only 17.2% on instruction.
  • These statistics show that for-profit colleges spend most of their finances (which mostly come from taxpayers) to get students to come to their school but spend a considerable amount less on actually teaching the students.

Works cited,. 2015. 'Fact Sheet | For Profit U'. Accessed December 4 2015.