View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Uncategorized
November 3, 2020

How for-profits colleges are on the rise in the US – why real inflation has doubled

By Paul Dennis

3 November

Susan Marie Dynarski, an economist, re-tweeted on the resurgence of for-profits colleges in the US, driven mainly by the Covid-19 recession, closure of public and non-profit institutions and favourable government policies.

The influencer shares an article by Stephanie Cellini, a public policy and economics professor, on why this should be a reason for concern.

A National Student Clearinghouse report found an alarming increase of undergraduate enrolments in for-profits, which rose by 3% over the previous year compared to a sharp 9% decline in public community colleges.

The data saw more alarming patterns for first-time enrolments.

According to the report, enrolments in for-profits colleges rose by 13% for first-time students aged between 21 and 24 years, and by 15% among those aged between 25 and 29 years.

The author warns that it is a concerning trend as for-profits education produce lower earnings and higher debt for students than other institutions.

In other news, Daniel Lacalle, a chief economist and author, shared his views on inflation not being a social policy and that real inflation has more than doubled the official levels during the Covid-19 pandemic.

Read more

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Key drug pipeline and competitive landscape changes based on the latest clinical activity, sent every Tuesday. Curated analysis and data-driven insights on clinical trials strategy and operations, sent every Thursday. The pharmaceutical industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Clinical Trials Arena