kevin kuzma
Myth: Pell Grants flowing to for-profit colleges have increased at twice the rate of the program as a whole.
Fact:
While most of the students who attend career colleges qualify for financial aid, students at four-year career colleges receive only 11 percent of grants, while students attending other private, four-year colleges or not-for-profit institutions receive 28 percent, and students at public fouryear public colleges receive 38 percent. Imagine America Foundation Fact Book 2013
Myth: Many for-profit colleges fail to make the necessary investments in student support services that have been shown to help students succeed in school and afterwards, a deficiency that undoubtedly contributes to high withdrawal rates.
Fact:
Despite serving a larger number of students more at risk of withdrawal, career colleges provide a large number of student services aimed at helping students succeed. Forty percent of degrees from career colleges are awarded to minorities, compared to 21 percent at public colleges and 16 percent at not-for-profit schools.
Imagine America Foundation Fact Book 2013
MAY 2013 | 14
Myth: Profit is a greater priority than education at career colleges.
Fact:
If profits took such precedence, career colleges would work with much leaner staffs than they do. With the following instructor-to-student ratios at career colleges vs. public schools, career colleges’ substantial investment in academia is apparent. According to the National Center for Education Statistics, in 2009, 14,810,642 were enrolled in public institutions throughout America and staffed a total of 913,679 faculty members. In that same time, 1,851,986 students were enrolled in career colleges with 116,904 faculty members. National Center for Education Statistics, Digest of Education Statistics, 2011
Career college students are also more likely to repay their loans in full or receive forgiveness than students from any other higher education sector.