Their goal is to provide quality education, and in doing so generate a positive return, or profit, for their shareholders.
For-profit universities and schools usually fall into one of several broad categories.
One such category includes schools that provide what most people would associate with colleges, such as degrees in business, criminal justice, medical fields, and education.
In today’s world, for-profit universities with evening and online courses have become a mainstay.
For-profit schools are educational institutions that are corporations and often have shareholders.
They operate as a business, and the product they sell is education.
If you do not have a degree, then you are at a disadvantage.
And if you have a degree, you are slightly better off, but may remain in a situation where employers can hire workers with advanced degrees within your salary range. The second reality is that your competitors are going back to school.
When the economy rebounds, they will be poised to leapfrog ahead of you in work, promotions, and pay.
The decision to go back to school may be difficult for you if you have kids or need to work simultaneously.
If you are one of the millions of Americans who are out of work, joining the ranks of those returning to school is a great idea.
In fact, it may be necessary for your long-term financial survival.
There are two realities that those with without jobs must face.
One, is that there are just too many applicants for the jobs currently available, which means competition is fierce.