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Blurring the nonprofit and for-profit divide

from From Insider Higher Ed

It used to be simple. For decades, providers of higher education were either nonprofit (the vast majority, public or private) or for-profit, sometimes massive, like the University of Phoenix, and more commonly the nearby business or trade school. More recently, gradations appeared. In the 2000s private investors bought and transformed struggling nonprofit institutions to capitalize on their existing accreditation. more

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