Another reason for profit colleges are a bad idea

Sudden Closure of Art Institutes Leaves 1,700 Students Adrift
The for-profit network of colleges is closing its final eight campuses several years after it shuttered most of them.

The system had suffered from low enrollment since the coronavirus pandemic began. Previous challenges included a $95 million settlement after fraud allegations in 2015 and a loss of accreditation that led to the shuttering of nearly 20 other locations in 2018.

https://www.nytimes.com/2023/09/25/arts/design/art-institutes-closures.html


All colleges and universities are "for profit."

The Voice of the Reich wants all education to be controlled by the state. You are programmed to oppose private institutions because they are not controlled by the state/party.
 
I would never enroll in some fly by night private art school.

America's public universities have plenty of art departments.

AND they will teach what the party approves of. No telling what private institutions might teach. Only the state can say what students are allowed to learn.
 
Best bang for your buck is a top tier public university, unless you need the prestige, connections, and social network a Harvard education can bring.

Not even in the same zip code as true.

The greatest return on educational investment, dollar for dollar are trade schools.

1. Automotive Repair
2. HVAC installation and Repair
3. Cosmetology/barbering

Traditional universities, public and private, are a poor investment for a plurality of students.

Just about half of those who receive a baccalaureate degree, regardless of institution, will never recoup the cost in greater salaries.

This is heavily driven by the major chosen. And some that screw students are not obvious.

Chart: The College Majors That Don't Pay Off | Statista
 
Yes, Harvard is definitely non-profit. Are you sure you know what non-profit is?

ROFL

A $53 BILLION endowment. An 8-figure salary, for the 9 top administrators. 7-figure salaries for tenured professors. But you're going to gaslight the rubes and tell us Harvard is "non-profit." Basically piss on our leg and tell us it's raining.
 
Yes it was a typo. It sure as shit has everything to do with profit when you have that much money. First they have kids take out loans so they can be made stupid but then want to forgive loans. Harvard could pay for making kids stupid out of their own pockets but they don't do they?

You're the one that mentioned they don't get paid much not me. I don't give a fuck what they get paid. And if "prestige" is more important than fuck 'em. Pay your electric bill with "prestige".

No, you were and are correct.

{College[FONT=var(--font-primary)] endowments, a collection of tax-exempt donations and investments used to advance an institution's mission, vary widely. While some hover in the millions, others, such as at [/FONT]Harvard University[FONT=var(--font-primary)] in Massachusetts, reach well into the billions.[/FONT][FONT=var(--font-primary)]Topping the list at about $53 billion, Harvard has the largest endowment among National Universities at the end of fiscal year 2021, according to data collected by U.S. News in an annual survey.

Totaling around $42 billion – $11 billion less than Harvard – Yale University in Connecticut has the second-highest endowment.}

10 National Universities With the Biggest Endowments | The Short List: Colleges | U.S. News (usnews.com)

Don't let Walt piss on your leg and tell you it's raining.


[/FONT]
 
No, you were and are correct.

{College[FONT=var(--font-primary)] endowments, a collection of tax-exempt donations and investments used to advance an institution's mission, vary widely. While some hover in the millions, others, such as at [/FONT]Harvard University[FONT=var(--font-primary)] in Massachusetts, reach well into the billions.[/FONT][FONT=var(--font-primary)]Topping the list at about $53 billion, Harvard has the largest endowment among National Universities at the end of fiscal year 2021, according to data collected by U.S. News in an annual survey.

Totaling around $42 billion – $11 billion less than Harvard – Yale University in Connecticut has the second-highest endowment.}

10 National Universities With the Biggest Endowments | The Short List: Colleges | U.S. News (usnews.com)

Don't let Walt piss on your leg and tell you it's raining.


[/FONT]

Yes I typed million but meant billion. The last thing Harvard is, is non profit.
 
Yes I typed million but meant billion. The last thing Harvard is, is non profit.

Yep.

There is nothing special about a Harvard education. What they sell is "The Brand."

IF you are in the right strata, a gravy league degree will open doors. Not because you know more, but as proof you are of the elite.

But this is only true for the top 10% of Harvard students, based on wealth and family - not performance. The rest will do little better than those who attend state universities. Many will do worse.

If you're not a Bush, or a Gore, or a Heinz, or a Hilton, the gravy league won't be an automatic entry into the top.
 
Yep.

There is nothing special about a Harvard education. What they sell is "The Brand."

IF you are in the right strata, a gravy league degree will open doors. Not because you know more, but as proof you are of the elite.

But this is only true for the top 10% of Harvard students, based on wealth and family - not performance. The rest will do little better than those who attend state universities. Many will do worse.

If you're not a Bush, or a Gore, or a Heinz, or a Hilton, the gravy league won't be an automatic entry into the top.

That's all Harvard Yale, Brown etc etc sell, a brand.
 
Yes it was a typo. It sure as shit has everything to do with profit when you have that much money.

No, it really does not. In fact, Harvard is collecting and keeping money, not distributing it as profit, so the endowment is the opposite of profit.

You're the one that mentioned they don't get paid much not me.

No, actually, I said the faculty at Harvard does not get paid as much as they could in the for-profit sector. You seem to be having trouble reading.

I don't give a fuck what they get paid. And if "prestige" is more important than fuck 'em. Pay your electric bill with "prestige".

How is this supposed profit making its way to the profit takers?
 
No, it really does not. In fact, Harvard is collecting and keeping money, not distributing it as profit, so the endowment is the opposite of profit.



No, actually, I said the faculty at Harvard does not get paid as much as they could in the for-profit sector. You seem to be having trouble reading.



How is this supposed profit making its way to the profit takers?

Call it want you like it's profit. If I make money and keep it in my pocket it's still profit. Distribution is not a condition of profit. Beyond that while I don't agree with student loan forgiveness I can't comprehend why kids put themselves in debt to pay for an "education" at an institution with $53 billion in it's pockets. You have to have a Harvard education to think that makes sense.
 
What sort of "college" would you go to in Gaza?

Palestinians have shown quite a desire for education. It is one of the few things that impress me about them. There are 11 colleges and universities in the Gaza Strip, and back when the borders were open, many of their young adults would go to schools outside Gaza.
 
Back
Top