<p>While it was not my intent to start a discussion or debate on the merits of non-profit versus for profit educational institutions, a major difference is that the primary purpose of a for profit enterprise is provide a return on investment for the owners or shareholders. They are in the business of making money; a non-profit is not. Thus, resources may well be allocated very differently in an effort to achieve the purpose. </p>
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<p>One of the means many companies use in making a profit is in generating a sale, or providing a service for a fee. Think about your quote in the context of that, and it will go a long way in explaining why the admit rate is where it is.</p>
<p>Another major difference is the availability of institutional grants or scholarships at a for profit. At most, they simply do not exist. Financial aid is limited to what is available through federal or state sources, provided the institution meets the criteria to participate in these programs.</p>
<p>A number of these programs can be very good in specific areas or for certain individuals. The key is understanding what you are buying, in an education, or in anything else.</p>
<p>Just a sampling from the forum:
<a href=“http://talk.collegeconfidential.com/college-life/977529-has-anyone-ever-applied-profit-schools-like-university-phoenix.html?highlight=For+profit[/url]”>http://talk.collegeconfidential.com/college-life/977529-has-anyone-ever-applied-profit-schools-like-university-phoenix.html?highlight=For+profit</a>
<a href=“http://talk.collegeconfidential.com/college-life/976022-profit-universities-fool-his-money-soon-parted.html?highlight=For+profit[/url]”>http://talk.collegeconfidential.com/college-life/976022-profit-universities-fool-his-money-soon-parted.html?highlight=For+profit</a>
<a href=“http://talk.collegeconfidential.com/parents-forum/976027-profit-universities-fool-his-money-soon-parted.html?highlight=For+profit[/url]”>http://talk.collegeconfidential.com/parents-forum/976027-profit-universities-fool-his-money-soon-parted.html?highlight=For+profit</a> (same title, different forums)
<a href=“http://talk.collegeconfidential.com/college-search-selection/637657-profit-schools-bad-idea-what-if-they-accredited.html?highlight=For+profit[/url]”>http://talk.collegeconfidential.com/college-search-selection/637657-profit-schools-bad-idea-what-if-they-accredited.html?highlight=For+profit</a>
<a href=“http://talk.collegeconfidential.com/college-search-selection/612854-will-you-ride-profit-college-wave.html?highlight=For+profit[/url]”>http://talk.collegeconfidential.com/college-search-selection/612854-will-you-ride-profit-college-wave.html?highlight=For+profit</a></p>