For- Profit Postsecondary Education Is A Complex Issue
The recent Senate hearings highlights the problems of misleading recruitment by for- profit colleges. Federal investigators visited 15 colleges and found problems in each one! But there are many aspects (many are good) at for- profit colleges as presented in a 2007 book by William Tierney and Guilbert Hentscke called New Players, Different Game published by Johns Hopkins Press.
This book covers many issues in the for-profit sector: growth, finance, governance, faculty roles, success, students, culture, and a balanced summary. The completion rates of for-profit look higher in several colleges than in community colleges. The book explains why this happens. So, before you make up your mind, do some more reading on this growing sector.