Hacker News Reader

"many [for-profit colleges] spend more on acquiring a single enrollment than on educating them."

According to the DoE, 4-year for-profit colleges spend 2.9x more on administrative expenses (albeit including student services and academic support) than instruction. Unfortunately I can't find a better breakdown of this category, but I'd assume this is mostly leadgen.

View on HN

Do you have a comparable number for non-profit colleges? While I doubt it's 2.9, I'm sure it's still high.

Non-profit 4-year colleges actually spend more on instruction than on those other categories, by 1.1x.

yeah, I'm going to have to ask you for a citation there.

http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2012045

Table A-43-2

Reply on news.ycombinator.com