November 25, 2005

For-Profit Outlook

By GOLDIE BLUMENSTYK

BEST CASE: For-profit higher education has continued to grow at a pace that once seemed unsustainable, thanks to an influx of capital, a favorable regulatory climate, and the industry's own nimble reaction to the changing demands of students.

Of the 20 million students enrolled at degree-granting colleges in 2015, one out of 10 now attends a for-profit college. That 10-percent market share is more than double the 4-percent figure of a decade ago.

Financially, the industry's

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