U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Education > Colleges and Universities
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 09-23-2018, 08:20 AM
 
7,002 posts, read 10,297,826 times
Reputation: 5397

Advertisements

What do you think about these two articles? Franklin University will, obviously, have some bias because they're a nonprofit, but they do have statistical facts. The Huffington Post article talks about the concept of non-distribution constraint and why for-profit colleges are more likely to cut quality for more efficiency and growth.


https://m.huffpost.com/us/entry/5595903

https://www.franklin.edu/blog/non-pr...u-need-to-know
Reply With Quote Quick reply to this message

 
Old 09-23-2018, 08:39 AM
 
7,002 posts, read 10,297,826 times
Reputation: 5397
The author of the Huffington Post article argues that non-profit colleges are more regulated than for-profit colleges.

https://cdn.americanprogress.org/wp-...Protection.pdf

The former president of University of Phoenix wrote a rebuttal to this paper, but he's not against increased regulation. He actually thinks it's necessary.

Short-term thinking is the main problem for for-profit colleges (essay)
Reply With Quote Quick reply to this message
 
Old 09-23-2018, 12:22 PM
 
Location: Oregon, formerly Texas
5,459 posts, read 3,771,032 times
Reputation: 9272
Education is not something that works well as "for-profit."

Think about it... You're selling a service to people that cannot accurately determine the quality of the service until after it is completed. Even then, it may take years more to figure out.

There has to be some amount of "greater good" in the motivation of the people on the seller's side. If it's just money that motivates them, then they are going to create Trump University type things - promise to reveal the "secrets" of success, but only if you pay massive fees.
Reply With Quote Quick reply to this message
 
Old 09-23-2018, 12:31 PM
 
7,002 posts, read 10,297,826 times
Reputation: 5397
Quote:
Originally Posted by redguard57 View Post
Education is not something that works well as "for-profit."

Think about it... You're selling a service to people that cannot accurately determine the quality of the service until after it is completed. Even then, it may take years more to figure out.

There has to be some amount of "greater good" in the motivation of the people on the seller's side. If it's just money that motivates them, then they are going to create Trump University type things - promise to reveal the "secrets" of success, but only if you pay massive fees.
That's similar to what the research paper said. A board of trustees is seen in healthcare and education to protect the consumer since these are areas where consumers can't immediately and accurately judge quality. How does a layperson know that his or her college instructor is teaching physics properly? How does someone know if his or her diagnosis is accurate? We see people get ripped of all the time at auto repair shops because these are complicated machines most don't understand, but getting unnecessary repairs isn't as life-changing.
Reply With Quote Quick reply to this message
 
Old 09-23-2018, 05:13 PM
 
Location: Western Washington
9,021 posts, read 8,436,790 times
Reputation: 15621
It comes down to mission.

A non-profit university has as its primary mission the education of students.
A for-profit university has as its primary mission the enrich,ent of shareholders through dividends and stock value.

A non-profit will spend its money on investing in educating students, whether that manifests as higher faculty salaries in order to attract the best people, or investing in student services to assist students in getting the most out of their education.

A for-profit has no such incentive, and will draw money out of the university.
Reply With Quote Quick reply to this message
 
Old 09-25-2018, 09:13 AM
 
35,324 posts, read 25,226,914 times
Reputation: 32421
Quote:
Originally Posted by fishbrains View Post
It comes down to mission.

A non-profit university has as its primary mission the education of students.
A for-profit university has as its primary mission the enrich,ent of shareholders through dividends and stock value.

A non-profit will spend its money on investing in educating students, whether that manifests as higher faculty salaries in order to attract the best people, or investing in student services to assist students in getting the most out of their education.

A for-profit has no such incentive, and will draw money out of the university.


Yup. Well said. And the same reasoning is why profit should be removed from health care.
Reply With Quote Quick reply to this message
 
Old 09-25-2018, 09:51 AM
 
677 posts, read 254,934 times
Reputation: 1258
Non profit and not for profit...................a scam. When anyone that works in these organizations receives a paycheck.......they profit. You don't see them working for free.........do you?
Reply With Quote Quick reply to this message
 
Old 09-25-2018, 12:49 PM
 
6,868 posts, read 3,733,857 times
Reputation: 18127
You really don't understand what "profit means do you.
Reply With Quote Quick reply to this message
 
Old 09-25-2018, 05:01 PM
 
9,792 posts, read 17,015,443 times
Reputation: 18459
Quote:
Originally Posted by broncosilly View Post
Non profit and not for profit...................a scam. When anyone that works in these organizations receives a paycheck.......they profit. You don't see them working for free.........do you?
You really are clueless, aren't you? Try to educate yourself with a quick Google search; it may prevent you from publicly embarrassing yourself in the future.
Reply With Quote Quick reply to this message
 
Old 10-01-2018, 08:23 AM
 
677 posts, read 254,934 times
Reputation: 1258
So genius'..........you don't profit from a paycheck? If that is true then work for free and see how long that lasts.


I know exactly what non and not for profit means. You should be embarrassed for attempting to hide the truth
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Education > Colleges and Universities
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top