Proprietary colleges
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Proprietary colleges are American for-profit colleges and universities. They are operated by their owners or investors, rather than a not-for-profit institution, religious organization, or state or local government. Sometimes a proprietary college may also overlap with the sector of non-degree granting business colleges.
Because of this profit motive, some such colleges have in the past been investigated for or been charged with illegally admitting students to falsely obtain government financial aid.[1] [2] However, traditional colleges have also had this problem.[3] [4] Legislation has tightened considerably the parameters for getting financial aid in recent years.[citation needed] In most cases, degree-granting colleges with accreditation from an agency that is recognized by the U.S. Department of Education and is authorized to distribute Title IV student financial aid must meet exacting standards. Students wishing to attend a proprietary college should consider the institution's accreditation. It is also typical that a majority of students attending proprietary colleges receive some form of government financial aid, such as Pell Grants and student loans.
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[edit] List of proprietary colleges
- University of Phoenix
- Capella University
- ITT Technical Institute
- Virginia College
- Monroe College
- Bryant & Stratton College
- Interboro Institute, New York City, New York - Owned by EVCI Career Colleges Holding Corporation. Announced on December 17, 2007 that it would close effective December 21, 2007.[1]
- Gibbs College
- Milwaukee Career College
- Hussian School of Commercial Art
- DeVry University
[edit] Classification
Proprietary colleges are sometimes called career colleges, business colleges, proprietary schools, institutes, or for-profit colleges. The term preferred by the New York State-based Association for Proprietary Colleges is Proprietary colleges.[5]
Kevin Kinser, assistant professor of educational administration and policy at the University at Albany, has proposed a "Multidimensional classification" scheme of for-profit higher education.[6] Kinser's classes of proprietary colleges are organized by these criteria:
1. Geographic scope:
- "Neighorhood" - close geographic proximity, in a single state
- "Regional" - two or more campuses in neighboring states
- "National" - including in states across the United States and virtual colleges
2. Ownership dimension:
- "Publicly traded" corporations
- Family-owned "enterprise institution(s)"
- "Venture institutions" held by private investors
3. Highest degree granted:
- Schools that give non-degree certificates
- Institutes that grant associate's degree -- such as L.P.N., A.O.S., or A.A.S.
- Colleges that grant a bachelor's degree -- usually a B.S. or B.B.A.
- Universities that grant graduate degrees - a master's or doctorate.
[edit] References
- ^ Albany Times Union article, by Michael Gormley of the Associated Press, April 23, 2007
- ^ Albany Times Union article, by Michael Gormley of the Associated Press, April 24, 2007
- ^ Albany Times Union article, April 3, 2007
- ^ NY Attorney General web site press release about settlement with 29 colleges
- ^ Association for Proprietary Colleges web site
- ^ For-Profit Institutions Need to be Classified, Too, by Kevin Kinser, Chronicle of Higher Education, March 30, 2007, pp. B9-B10.
[edit] See also
[edit] External links
- Middle States Commission on Higher Education
- Eastern Region Regional Competency-Based Education Consortium
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