More Evidence Of Rapid Growth At For- Profit Postsecondary Education
The for -profit sector is accelerating in its growth of market share. Six years ago, there were almost three times as many students enrolled in private nonprofit colleges as there were at for-profit institutions. By 2008-9, that ratio had slipped to about 2 to 1, according to a National Center for Education Statistics report on postsecondary education trends. The report also provides an initial peek at how the continuing economic downturn has begun to reshape the enrollment and financial picture of higher education. Women are more likely to graduate within four, five, or six years at all institution types except for-profit colleges.
College enrollment grew to 19.6 million students, and 76% first time, full time students had some form of financial aid.