For-profit colleges in the United States

For-profit colleges, also known as proprietary colleges, are post-secondary schools that rely on investors, and survive by making a profit. They include for-profit vocational and technical schools, career colleges, and predominantly online universities. For-profit colleges have frequently offered career-oriented curricula including culinary arts, business and technology (including coding bootcamps), and health care. These institutions have a long history in the US, and grew rapidly from 1972 to 2009. The growth of for-profit education has been fueled by government funding as well as corporate investment, including private equity.[1]

  1. ^ Unglesbee, Ben. "Private equity's role in the rise — and fall — of for-profit colleges". highereddive.com. Retrieved 28 February 2021.