Monday, February 23, 2015

Blurring the Nonprofit/For-Profit Divide

Inside Higher Ed
February 23rd, 2015

It used to be simple. For decades, providers of higher education were either nonprofit (the vast majority, public or private) or for-profit, sometimes massive, like the University of Phoenix, and more commonly the nearby business or trade school.
More recently, gradations appeared. In the 2000s private investors bought and transformed struggling nonprofit institutions to capitalize on their existing accreditation. In the last few years, numerous joint ventures emerged (sometimes controversially) in which nonprofit colleges and universities teamed up with for-profit companies to create new providers that had both nonprofit and for-profit elements.

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