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.
22.7% advertisements and marketing
19.4% Pre-tax profit
17.2% Instruction
Works cited
Forprofitu.org
Forprofitu.org,. 2015. 'Fact Sheet | For Profit U'. Accessed December 4 2015. http://forprofitu.org/fact-sheet/.