For-Profit Colleges and Universities
Their Markets, Regulation, Performance, and Place in Higher Education

Foreword by Marc Tucker
Paper: 978 1 57922 425 7 / $32.50
Published: January 2010  

Cloth: 978 1 57922 424 0 / $95.00
Published: February 2010  

Lib E-Book: 978 1 57922 527 8 / $95.00  
About Library E-Book

Published: March 2012  

E-Book: 978 1 57922 528 5 / $25.99
Published: March 2012  

Publisher: Stylus Publishing
224 pp., 6" x 9"
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% 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.

Table of Contents:
Foreword Marc Tucker
1) For-Profit Colleges and Universities in a Knowledge Economy—Guilbert C. Hentschke, Vicente M. Lechuga, & William G. Tierney
2) Evolving Markets of For-profit Higher Education—Guilbert C. Hentschke
3) Who are they? And what do they do?—Vicente M. Lechuga
4) Differences in Academic Work at Traditional and For-Profit Postsecondary Institutions: Policy Implications for Academic Freedom—William G. Tierney & Vicente M. Lechuga
5) Markets, Regulation, and Performance in Higher Education—Mark L. Pelesh
6) Accreditation and Accountability: The Role of For-Profit Education and National Accrediting Agencies—Elise Scanlon and Michale S. McComis
7) A Global Perspective on For-Profit Higher Education—Kevin Kinser
8) The Public Good in a Changing Economy—William G. Tierney
Appendix A
Appendix B
Appendix C

Reviews & Endorsements:
“Until now, much about this growing sector of higher education—its student consumers, its faculty and faculty governance, market forces, hiring records, workforce preparation roles, policies and considerations of the public good—remained hidden or obscure. This work draws together both on-site research and widely disparate resources to give us a much richer and more detailed picture of the for-profit market and the students it serves. It also makes clear, however, the potential student groups traditional colleges and universities cannot, or will not, serve, or has not served well in the past.”
- Yvonna S. Lincoln, Ruth Harrington Chair of Educational Administration & Distinguished Professor of Higher Education, Dept. of Educational Admin. & Human Resource Development , Texas A&M
”The authors and editors shed dispassionate light on one of the least understood, yet vital, sectors in American higher education—market funded colleges and universities. Given the growing imperative to increase dramatically the education levels of all Americans – not just those for whom college is ‘bred in the bone’ – this is a must read for what it says both about this vibrant arena, but also the implications for the rest of post-secondary education.”
- Harris N. Miller, President and CEO , Career College Association