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Regionally accredited schools were usually academically oriented and most were non-profit. Nationally accredited schools, a large number of which are for-profit, typically offered specific vocational, career, or technical programs. Regionally accredited institutions employed large numbers of full-time faculty, and the faculty set the academic ...
Logo of the United Nations Children's Fund (UNICEF), an organization of the United Nations. A nonprofit organization (NPO), also known as a nonbusiness entity, [1] nonprofit institution, [2] or simply a nonprofit, [a] is a non-governmental (private) legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to ...
Among degree-granting four-year institutions, 2,095 were private out of 2,832 (74%), of which 1,581 (75%) were non-profit and 514 (25%) were for-profit. [ 39 ] Tuition at private universities tends to be higher than at public universities , though many private universities offer financial aid as well. [ 40 ]
Over the past 10 years, for-profit colleges -- which are different from private colleges, most of which are operated as non-profits -- have tripled their enrollment to 1.4 million, with annual ...
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Open-access colleges, are colleges that admit at least 80% of their students and typically include community colleges, for-profit schools, and some public universities. Graduation rates are the highest in the more selective universities, where more resources are available to students inside and outside of the universities.
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.
For-profit colleges that became non-profit colleges [ edit ] Conversions from for-profit to nonprofit are legitimate when the assets and income are fully committed to the educational purpose, and control by private interests is eliminated.