August 16, 2011
Enrollments Plunge at Many For-Profit Colleges
Enrollment at many for-profit colleges has fallen sharply in recent months, a reflection of a weak economy and increased scrutiny of the sector.
New-student enrollment declined an average of 14.1 percent this quarter at 10 of the biggest for-profit educators, according to company financial disclosures and analysts' reports. The slide has come as some of those institutions curbed their aggressive recruiting practices amid growing pressure from federal and state lawmakers.