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Excerpt
For-Profit Colleges. David Deming, Claudia Goldin, Lawrence Katz, Spring 2013, Paper. "For-profit, or proprietary, colleges are the fastest-growing postsecondary schools in the nation, enrolling a disproportionately high share of disadvantaged and minority students and those ill-prepared for college. Because these schools, many of them big national chains, derive most of their revenue from taxpayer-funded student financial aid, they are of interest to policy makers not only for the role they play in the higher education spectrum but also for the value they provide their students..." Link Verified October 13, 2014