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Proprietary colleges are for-profit colleges and universities generally operated by their owners, investors, or shareholders in a manner prioritizing shareholder primacy as opposed to education provided by non-profit institution (such as non-sectarian, religious, or governmental organization) that prioritize students as project stakeholders.
The main sources of initial capital for large proprietary colleges and online program managers are institutional investors: international banks, hedge funds, institutional retirement funds, and state retirement funds. [62] [99] Some smaller schools are family owned businesses. At elite universities, donors may serve as significant sources.
Under the Obama administration (2009–2017), for-profit colleges received greater scrutiny and negative attention from the U.S. government. State Attorneys General, the media, and scholars also investigated these schools. [45] [46] For-profit school enrollment reached its peak in 2009 and showed major declines by 2011.
President-elect Trump picked Devin Nunes, the chief executive of his social media platform Truth Social, to head the president’s Intelligence Advisory Board, he announced Saturday. Nunes, a ...
They typically offer schools back-office services, but may also provide teacher training, facility support, and other management related services. In the 2018–19 school year, roughly 10% of charter schools contracted with a for-profit EMO, while about 30% contracted with a non-profit charter management organization. [6]
These have been dwindling with the rise of social media use among kids. Social media, like online porn, has become ubiquitous and almost as addictive. YouTube, kids’ No. 1 choice for social ...
After the conversion the school owner remained involved in the school as a landlord, contractor, and chancellor. Kendall College – Chicago, Illinois, formerly owned by Laureate Education, purchased by National Louis University in 2018. [20] [21] Pittsburgh Technical College was an employee-owned for-profit school before becoming nonprofit in ...
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