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Higher Ed, Inc.: The Rise of the For-Profit University By Richard S. Ruch ( The Johns Hopkins University Press )
Release Date: 2001-03-28
Average Customer Rating:
List Price: $38.95
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Product Description
Among higher education institutions in the United States, for-profit colleges and universities have steadily captured a larger share of the student market. A recent trend at for-profit institutions is the coupling of job training with accredited academic programs that offer traditional baccalaureate, professional, and graduate degrees. Richard Ruch, with administrative experience in both the nonprofit and for-profit sectors of higher education, takes us inside these new for-profit institutions, describing who teaches there, who enrolls and why, and how the for-profits are managed and by whom. He analyzes their different structures, services, and outlook on higher learning and training, and explains in detail how they make profits from tuition income. In Higher Ed, Inc., Ruch opens up the discussion about for-profit higher education from the perspective of a participant-observer. Focusing on five providers -- the Apollo Group (the University of Phoenix); Argosy Education Group (the American Schools of Professional Psychology); DeVry, Inc. (DeVry Institutes of Technology); Education Management Corporation (the Art Institutes International); and Strayer Education (Strayer University) -- he conveys for the first time what it feels like to be inside this new kind of American institution. He is also candid about the less attractive aspects of the for-profit colleges, including what those who enroll may give up. As Ruch makes clear, the major for-profit colleges and universities offer a different approach to higher education -- one that may be increasingly influential in the future.
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Well balanced, useful information. ( jon19072 )
Higher Ed, Inc.: The Rise of the For-Profit University is well written, Ruch has worked in both profit and non-profit universities. This is a good source on the topic. The Ruch book was a resource for an MBA presentation paper about for-profit universities. I also found Gary Berg's,Lessons from the Edge: For-Profit and Nontraditional Higher Education in America (ACE/Praeger Series on Higher Education) useful. Other's in this category are Declining by Degrees (about the decline of quality in non-profits)by Merrow and Hersch and Rebel with a cause: The entrepreneur who created the University of Phoenix and the for-profit revolution in higher education by John Sperling.
Fascinating reading--as with most things the message in the popular press does not tell the whole story. Be sure to read both sides of the story, Merrow (also a PBS DocumentaryDeclining by Degrees: Higher Education at Risk) does a good job (perhaps unintentionally) of showing how money is the driving force in the non-profit state schools too. The documentary interviews students, professors, and leadership at two state run institutions.
The fact is both profit and nonprofit schools are about the mammon. Jon Hanson, author of Good Debt, Bad Debt Good Debt, Bad Debt: Knowing the Difference Can Save Your Financial Life
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Education Has A New Name... ( libfac )
And it's name is "Money." Higher Ed, Inc., breaks down the innovation of "For Profit" education and takes you inside its corridors. An excellent book for those looking to enter "For Profit" education as a business person. Higher Ed, Inc. actually influenced me to re-think my business plan. My institute will become a bigger "For Profit" within supplementary education, because of this book.
Edward Brown
Core Edge Image & Charisma Institute, Inc.
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Was expecting more
Definitely about For-Profit. I was hoping for more comparisons between Non-Profit and For-Profit.
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Very enlightening, but some errors ( kem2070 )
As mentioned in the other reviews, Ruch provides a balanced comparison between the traditional (tax-exempt) university and the non-traditional (for-profit) university. The book was very readable and showed the outcome is similar, but the perspective and approach is different.The most enlightening is that the "for-profit" university is not a new idea, as Ruch traces early examples back into the early days of America and in Europe. Also enlightening is the new trend of traditional universities using extension services to bring in money to the university as a for-profit branch of the school. I did notice at least one error in the information. When discussing the faculty salary at one of the for-profits, I found that we overstated it by about $400-500. As a faculty member of over six years for the school, I can vouch that we have never made that much, not even with a doctorate degree. Overall, I would recommend reading this just to see that the schools are not as different as they think they are.
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Very insightful new book
Although I've spent more than 20 years in higher education, I found this book to be very valuable -- it provides a balanced and thorough view of the for-profit education industry. The author takes a look at the five major players, talks about the differences and similarities between for-profit and traditional institutions, despels some of the myths about for-profit institutions, and illustrates how the for-profit institutions are serving the needs of today's students and employers. A must read for anyone who wants an in-depth look at higher education today.
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