Document:

National Bureau Of Economic Research, December 2011

Summary:

A recent study of private sector college student outcomes based on federal data that concludes that "for-profits leave students with far larger student loan debt burdens.  For-profit students end up with higher unemployment and “idleness” rates and lower earnings from employment six years after entering programs than do comparable students from other schools."

The report also indicated that "relative to community colleges and other public and private non-profits, for-profits educate a larger fraction of minority, disadvantaged, and older students, and they have greater success at retaining students in their first year and getting them to complete shorter degree and non-degree programs at the certificate and AA levels."

Posted
AuthorKeith Blakeman