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.”

Tags: Center for Investigative Reporting, college, debt, Department of Education, for-profit, Strayer University, student debt, taxes, taxpayer subsidies, taxpayers, university, University of Phoenix