A Model of For-Profit Higher Education: 5 Other Views

The Chronicle showed Mr. Wood's model to several experts on for-profit higher education, making clear to them the limitations that the author himself has acknowledged. Several of those people noted additional misgivings about the analysis, but said they also found it telling in other ways. All of them said it was a good basis for further discussion and deeper analysis:

Howard M. Block, an analyst with Banc of America Securities who follows higher-education stocks, says he is wary of