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For-profit Colleges and Universities - Their Markets, Regulation, Performance, and Place in Higher Education (Paperback, New)
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For-profit Colleges and Universities - Their Markets, Regulation, Performance, and Place in Higher Education (Paperback, New)
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Do for-profit colleges and universities (FPCUs) pose a threat to
traditional providers of higher education, or do they play a vital
role at a time when the capacity of public and private non-profits
to meet demand is constrained? With the US no longer the leader in
developing a college-educated workforce, can FPCUs help redress the
competitive gap? What can be learned from the management practices
and growth of FPCUs - that now number close to 3,000 institutions
in the US - whose increase in enrollments has out-paced that of
traditional institutions, and who now grant around 8 per cent of
all degrees? This book offers a clear-eyed and balanced analysis of
for-profit colleges and universities, reviewing their history,
business strategies, and management practices; setting them in the
context of marketplace conditions, the framework of public policy
and government regulations; and viewing them in the light of the
public good. Individual chapters variously explore FPCU's
governance, how they develop courses and programs, and the way they
define faculty work; present findings from in-depth interviews with
part-time and full-time faculty to understand how external forces
and the imperative of profit generation affect faculty roles and
responsibilities of faculty; analyze policy considerations that
affect FPCUs, including federal regulation and oversight,
accountability and assessment, and the legal and regulatory issues
FPCUs face internationally; and finally address the notion of
academic freedom and the distribution of public monies to FPCUs.
Looking beyond FPCUs' current strategy of offering career
programming to non-traditional students, the book reveals how they
are positioning themselves to meet future market needs by
developing new programs targeting a wider group of students.
Recognizing that FPCUs are more developing than fully developed,
the authors convey both the current state and the unresolved issues
facing these businesses, and, in so doing, surface enduring topics
that face all of post-secondary education.
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