For-profit schools are getting hit by government pressure these days for reasons that, on investigation, are similar to problems that are those of conventional colleges.
Politicians often complain such for-profits are making too much money. Politicos love educational mendicants they can support by throwing taxpayer funds at them.
The fact that internet and similar schools are growing is an indication their students are getting value for tuition.
Conventional colleges, which often are mismanaged, tend to lose money. They are thus highly subsidized by governments as a result. Conventional schools must also continually solicit needed funds from alumni.
Conventional colleges actually can be run as a for-profit business, and teach students properly. They can rid themselves of archaic tenure and other management foibles, as I have noted before in my comments. (See the Earl J Weinreb NewsHole® comments.)
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