Having also worked in a state's higher education commission, I can that for-profit colleges were consistently two to three times more expensive than publicly-funded 4-year universities, even when accounting for room and board (which for-profit colleges don't offer, as a rule). They also lost the ability to be disbursed student loan funds due to not meeting minimum employment rates among graduates.
Having also worked in a state's higher education commission, I can that for-profit colleges were consistently two to three times more expensive than publicly-funded 4-year universities, even when accounting for room and board (which for-profit colleges don't offer, as a rule). They also lost the ability to be disbursed student loan funds due to not meeting minimum employment rates among graduates.