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In this podcast episode, Dr. Drumm McNaughton speaks with Director Camille Dumont of the Center for Career and Professional Development (CCPD) about how she aligned career services with academia at Post University to better prepare students for the workforce. I was a healthcare administrator. I majored in Business Administration.
00:07:48] David Decker: So, we’re not for profit, but we’re not for loss either. Somebody told me a while back that for-profituniversities have a profit mentality versus nonprofit, that they pay taxes with their profits. You have to sustain yourself. [00:07:54]
It’s not because the terrible, horrible, no-good LMS vendors are trying to suck the blood out of the poor universities. It’s not because the terrible, horrible, no-good universityadministrators are trying to build a panopticon in which they can oppress the faculty. So…that’s different.
Image: The University of Arkansas System is considering a transaction in which it would transform the for-profitUniversity of Phoenix into an independent nonprofit affiliate, spokespeople for both institutions have confirmed. “Being private equity owned, you’re always having that conversation,” Smiley said.
As the Biden administration fights to relieve Americans of student debt, it also believes it must take a proactive step to manage a student loan resurge. Their solution: impeding for-profit leaders’ likelihood of abusing federal funding and securing the tuition of suckered-in students.
In 2025, interest in skilled trades will continue to accelerate among young Gen Z, who increasingly view these careers as a more practical and rewarding alternative to traditional career paths,” Tracy Lorenz, president of the for-profitUniversal Technical Institute, said in an email.
The for-profit sector is a great example of where there has been significant mergers and acquisitions activity, e.g., Purdue and Kaplan forming Purdue Global , Strayer University acquiring Capella, etc., as for-profits figure out their future when nonprofits are clearly in favor (and for-profits are clearly out-of-favor).
The for-profit sector is a great example of where there has been significant M&A activity, e.g., Purdue and Kaplan forming Purdue Global , Strayer acquiring Capella, etc., as for-profits figure out their future when nonprofits are clearly in favor (and for-profits are clearly out-of-favor). Federal Funding.
Students who took out loans to attend the for-profitUniversity of Phoenix under the belief that the school offered them unique job opportunities at top organizations will have their debt forgiven, the Biden administration announced Wednesday. Doing so may be challenging.
Many can be directly attributed to the decertification of ACICS by the Obama administration. Over the past few years, 65 for-profits closed and seven merged with other institutions. Not surprisingly, ACICS was decertified by the Obama administration in 2016. However, the Trump Administration has other ideas on accreditation.
Increasing Political Takeover in the Ivory Tower The growing political dynamic is leading to charges of meddling in the day-to-day operations of higher education campuses or the university system. This change also is leading to increasing strains between boards, administration, faculty, and alumni groups.
Grand Canyon CEO Brian Mueller has responded to the FTC and education department investigations with a remarkable series of pronouncements suggesting that the moves against his self-proclaimed Christian university are rooted in religious or ideological bias.
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