Dive Brief:
- Students who transfer from community college to a for-profit college earn less than students who switch to other colleges, a report finds.
- The key finding: Switching to a for-profit college meant earning about 7% less in the 10 years after graduating, compared to students who transferred to nonprofit or public schools.
- The study did not take into account the higher cost of for-profit colleges.
Dive Insight:
The report points out that because so many students at for-profit colleges receive government-funded financial aid, the public is essentially funding a system that produces poorer outcomes. Given the number of investigations into for-profit schools — including more coming to light today — this seems like a notion that government has already caught onto.