The Tennessean: For-profit colleges make bigger gains in graduating students
For-profit colleges continue to get bigger and bigger pieces of the college student pie, according to a recent report by the U.S. Department of Education.
According to the report, for-profit, or “commercial,” colleges handed out 5.8 percent of the total degrees awarded by four-year institutions in the U.S. for 2004-05. Small potatoes, perhaps, but the number represents nearly a 1 percentage point jump from the total they awarded in the previous year.
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