The Cost of Attending For-Profits

"A new analysis finds that students enrolling in certificate programs are more likely to experience economic gains from enrolling in programs at public institutions, generally community colleges, than at for-profit institutions. Further, the analysis finds that people may be better off economically by not pursuing any postsecondary education than by enrolling in a certificate program at a for-profit," Inside Higher Ed reports.

"The analysis comes amid significant debates over vocationally oriented higher education. While the Obama administration pushed for tougher regulation of for-profit higher education, the Trump administration is revising and/or delaying measures that have been opposed by for-profit higher education.

President Trump, meanwhile, this month criticized the vocational education programs of community colleges as inadequate -- much to the frustration of community college leaders who said they are running programs that do exactly what the president suggested they were not.

The new analysis is forthcoming in The Journal of Human Resources, by Stephanie Riegg Cellini, associate professor of public policy and public administration at George Washington University, and Nicholas Turner, a senior economist at the Federal Reserve Board of Governors. The Brookings Institution published a paper by Cellini summarizing the findings."

NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 2/13/2018

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