• About Us
    • Join CAPPS Email List
    • What is Private Postsecondary Education
    • About ICEPAC
  • News
    • Legislation / Advocacy
  • Events
    • Allied Member Vendor Showcase ~ Presenter Contact Information
    • CAPPS Legislative Policy Conference April 22-23, 2021
    • 2021 CAPPS Sponsorship Opportunities
    • 37th Annual Conference
    • Educational Advisors ~ Event Calendar
  • Resources
    • Classifieds
    • Professional Online Training Center
    • State and Federal Resources
    • Accreditors
    • Boards
    • Associations
  • CAPPS Member Portal & Archives
    • CAPPS Membership Directory
    • Conference Archives
    • Member Only Webinar
    • Webinar Archives
    • Workshop Archives
    • CAPPS Member Portal
      • CAPPS Legislative Watch
      • BPPE Sunset Report
    • Featured Members
    • Select Allied or School Benefits – Why be a CAPPS Member?
      • School Membership Application & Renewal Form
      • Allied Membership Application & Renewal Form
  • Awards
    • CAPPS Memorial Scholarships
    • Excellence in Community Service Awards
    • CAPPS Hall of Fame STAR Awards
    • Norma Ford Financial Aid Professional of the Year
    • School of the Year
    • Allied Member of the Year
California Association of Private Postsecondary Schools                        
916-447-5500
Email
        Login
CAPPS
  • About Us
    • Join CAPPS Email List
    • What is Private Postsecondary Education
    • About ICEPAC
  • News
    • Legislation / Advocacy
  • Events
    • Allied Member Vendor Showcase ~ Presenter Contact Information
    • CAPPS Legislative Policy Conference April 22-23, 2021
    • 2021 CAPPS Sponsorship Opportunities
    • 37th Annual Conference
    • Educational Advisors ~ Event Calendar
  • Resources
    • Classifieds
    • Professional Online Training Center
    • State and Federal Resources
    • Accreditors
    • Boards
    • Associations
  • CAPPS Member Portal & Archives
    • CAPPS Membership Directory
    • Conference Archives
    • Member Only Webinar
    • Webinar Archives
    • Workshop Archives
    • CAPPS Member Portal
      • CAPPS Legislative Watch
      • BPPE Sunset Report
    • Featured Members
    • Select Allied or School Benefits – Why be a CAPPS Member?
      • School Membership Application & Renewal Form
      • Allied Membership Application & Renewal Form
  • Awards
    • CAPPS Memorial Scholarships
    • Excellence in Community Service Awards
    • CAPPS Hall of Fame STAR Awards
    • Norma Ford Financial Aid Professional of the Year
    • School of the Year
    • Allied Member of the Year

News

  • Home
  • News
  • For-Profit Free Fall Continues, U.S. Data Show

For-Profit Free Fall Continues, U.S. Data Show

  • Posted by CAPPS
  • Date

Inside Higher Ed

For-Profit Free Fall Continues, U.S. Data Show

By Doug Lederman

June 6, 2018
The number of career colleges and the number of credentials they award have dropped by roughly 20 percent in the last four years, new data from the U.S. Education Department show.

An annual report from the National Center for Education Statistics finds that there were 2,791 for-profit colleges eligible to award federal financial aid in 2017-18, compared to 2,899 the year before and 3,436 in 2014-15, as previous versions of the reports showed. All told that represents a drop of 18.8 percent in the number of such colleges, which have seen their enrollments drop significantly amid an economic recovery (which typically hurts the enrollment of career-focused colleges), intensive regulatory scrutiny from the Obama administration and declining public confidence.

During the same time period, the number of public and private nonprofit colleges remained largely static, varying by fewer than 20 each. There were 1,973 public colleges and 1,878 private nonprofit colleges in 2017-18, according to the federal data.

An even larger proportional decline occurred in the number of credentials offered by colleges in the sector, the federal report shows. From 2012-13 to 2016-17, while the overall number of higher education credentials climbed by 1.2 percent, the number conferred by for-profit institutions fell by 29.2 percent, from 518,956 to 367,529.

 

Tag:economic recovery, For-profit colleges

  • Share:
author avatar
CAPPS

Previous post

Moody's: Declining Enrollment Is Squeezing Tuition Revenue

Next post

More than 100 for-profit institutions closed during past year, according to federal data

You may also like

NASFAA
Senate to Vote on Kvaal Nomination Following Hearing
16 April, 2021
thechronicle
The Cost of Insuring Colleges Continues to Rise. And Covid’s Not the Reason.
16 April, 2021
Inside Higher Ed
Plunging Numbers, Rising Worries
16 April, 2021

Search

Memorial Scholarship Information
Donate to ICEPAC
Become an Allied Member
Become a School Member
CAPPS Events

ABOUT US

  • What is Private Postsecondary Education
  • CAPPS Memorial Scholarships
  • Upcoming Conferences

MAILING ADDRESS:
California Association of
Private Postsecondary Schools
2520 Venture Oaks, Suite 170
Sacramento, CA  95833
info@cappsonline.org
www.cappsonline.org    

CappsOnlineMorpho Web Design.

2020 All Rights Reserved CappsOnline.org