I'm not sure what the distinction between private and for-profit is. Can you elaborate?
I'm not sure what the distinction between private and for-profit is. Can you elaborate?
In the US, we have 3 kinds of schools:
* Public/state schools: The school is run by a state government. Some of these have good quality, but some are not good. All of them give a huge discount to students from the local state.
* Private for-profit: These usually all suck, and are scams. ITT tech, University of Phoenix, and others are in this boat. These make their money by providing an education for less money than they charge in tuition.
* Private non-profit: The school is organized and run as a non-profit institution, but is not connected to the government. Harvard, MIT, Stanford, and most other top colleges are private non-profits. Outside the US, I think Oxford and Cambridge are also like this. Private non-profit trade schools also exist, and they are usually the best ones. An example I can think of is the North Bennet Street School (again in Boston, MA). The high-end schools in this category tend to get more of their money from donations and endowments than from tuition.
Ok, I thought you had something other than non-profit in mind there. My personal experience with private non-profit schools is less shining, to be honest. The vast majority of their success is typically from heavy selection on who they allow in.
There are also a few actual private universities, some non-profit (e.g. Buckingham, a free-market experiment which has survived but not thrived) and some for-profit (e.g. BPP University). But all of our major institutions are semi-public. Ish.