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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.
NIPSA was formed in 1983, in northern California, by a small group of enthusiastic educational professionals dedicated to the formation of a professional association of proprietary schools; the three co-founders were Charles Lavaroni, Ralph Gioveniello, and Pat O'Donnell. [2]
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]
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.
(The Center Square) - A federal court partially blocked a California law restricting social media access for minors, blocking its ban on social media notifications for minors during certain hours ...
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.
A new state law passed by Gov. Gavin Newsom aims to minimize cellphone use in the classroom in an effort to boost students' mental health.
California Gov. Gavin Newsom announced Tuesday that he wants to restrict students' usage of smartphones during the school day, citing the mental health risks of social media. The announcement ...