October 10, 2014

Jonathan Williams

Jonathan Williams

More private corporations almost entirely dependent on taxpayers

An unreleased analysis by the Department of Education, recently revealed by Center for Investigative Reporting, shows as many as 133 for-profit colleges rely almost completely on taxpayers for revenue.

“They range from small proprietary trade schools like Trendsetters of Florida School of Beauty & Barbering in Jacksonville to for-profit giants owned by publicly traded companies, including the University of Phoenix, Ashford University, Strayer University and Colorado Technical University.”

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