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| For–Profit Educational Establishments vs. Not–For–Profit Colleges and Universities |
| For – Profit educational establishments In accordance with the statistical data, private for – profit institutions make about 39 percent of all postsecondary educational establishments in the United States of America. About 7 percent of graduates, which makes more than 17, 5 million college students attend a for – profit school. It should also be noted that for – profit enroll 16 percent of Black students, 14 percent of Hispanic students and only 4 percent of Native American students each year. The tuition is more expensive than two – year or four – year public institution; however, it is less expensive than tuition at private not – for – profit educational establishments. More than 70 percent of full – time undergraduates, who attend private, for – profit college or university, receive federal, state or institutional grant aid. Out of 3,458 colleges or universities, which are granted the national level of accreditation, 79 percent are for – profit schools. And 2,5 percent of all regionally accredited educational establishments are for – profit institutions. The advantages of for – profit educational establishments: - They are considered to be quite flexible and highly responsive to the needs of adult learners, who are looking for postsecondary education; - These schools are focused on necessary job – specific curricula; - For – profit schools are more likely than not – for – profit ones to serve lower – income, minority and first – generation college students. Not – for – profit educational establishments In accordance with the statistical data, public or private not – for – profit institutions make about 61 percent of all postsecondary educational establishments in the United States of America. About 93.3 percent of graduates enroll in degree – granting public or private not – for – profit school each year. One – third of students enrolled at public and private, not – for – profit United States institutions are minority. 48 percent of enrolled students at for – profit educational establishments are minority, in comparison with 33 percent at public and not – for – profit schools. As for tuition, it is usually the most expensive one at private, not – for – profit colleges and universities. And 82 percent of full – time undergraduates, who enroll at private, not – for – profit colleges and universities receive financial aid. Out of 2,963 regionally accredited educational institutions in the United States of America, up to 97.4 percent make not – for – profit colleges and universities. As for the nationally accredited schools, about 30 percent of them are not – for – profit ones. The advantages of not – for – profit educational establishments: - These schools are most likely to have the regional degree of accreditation and ease credit transfer; - There is no stigma of over – aggressive marketing to the most prospective students; - According with the public opinion these colleges and universities are considered to have name recognition and to be more prestigious. |