Here is a statement from Jack Buckley , the USA Commissioner Of Education Statistics:
“For-profit private schools have had the fastest growth in awarding degrees at all education levels, from associate to master’s degrees. Yet when it comes to student graduation rates, “an interesting split” emerges, according to Mr. Buckley. For four-year degree programs, private nonprofit colleges have the highest graduation rate—65 percent, compared to 55 percent for public colleges and only 22 percent for for-profit private schools.
Yet when it comes to two-year programs, the situation is reversed: For-profit colleges graduate 58 percent of students in two-year degree programs, well above the 48 percent at nonprofit private colleges and 21 percent at public colleges.
“Most people would guess the first part, but not the second,” Mr. Buckley said.