Q&A: What For-Profit Colleges Are All About

Peter P. Smith is senior vice president for academic strategies and development at Kaplan Higher Education. Before joining the company, in 2007, he helped to create and then run the Community College of Vermont, was founding president of California State University-Monterey Bay, and represented Vermont in Congress. His new book, Harnessing America's Wasted Talent: A New Ecology of Learning (Jossey-Bass), is out this month.

Mr. Smith spoke with The Chronicle about the

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