College Spending On Frills Does Not Serve Students
Kaplan CEO biographer claims non-profits don’t spend where it matters
Jay Mathews, who recently published a biography on Kaplan Inc. Chairman and CEO, Andrew S. Rosen, recently stated in a Washington Post editorial that “for-profit colleges are here to stay,” and at the same time, by “spending on expensive campus improvements like gourmet restaurants, luxury dorms, gorgeous recreation centers and other stuff that impresses applicants” non-profit universities are not serving the educational needs of students as well as they could be.
washingtonpost.com