2010-01-07

For Profit Schools a bad deal for everyone

This expose on online education for-profit universities should make anyone think twice about attending University of Phoenix or other for profit universities.



When it comes to for-profit vs. non profit, note the average salary of University of Maryland University College (online, NON-profit) vs. Phoenix (online, FOR profit).  The difference is quite staggering.

The reason for lower quality education makes sense.  A for profit school is probably going to have a higher student/faculty ratio and less qualified instructors (they cost more).  State supported non profits, such as UMUC are basically normal universities that offer a lot of courses online.

The article also implies that for profit schools are ripping off the taxpayers.  This is a PR nightmare for Phoenix, Strayer, and their ilk.  Why go to a for profit school that costs more and provides less return?

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