Word: for-profit
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...percentage of M.B.A.s going straight into the nonprofit sector remains in the single digits--after all, student loans are much easier to pay off with a for-profit salary. And, says Greg Dees, faculty director of Duke University's Center for the Advancement of Social Entrepreneurship, "many students, if they heard 'nonprofit management,' would be thinking about running a museum, a hospital. That's not what excites them. What excites them is finding innovative entrepreneurial solutions to social problems...
...billion Estimated revenues generated this year by for-profit higher-education companies, up 71% from...
...Percentage of U.S. college and graduate students attending for-profit schools, where enrollment is growing four times as fast as at traditional colleges...
...some employees wanting to go their separate ways from HSA. These students were managers and were being paid by HSA to create business plans for HSA to expand its grocery and laundry services to area colleges. These are the very business plans they took with them to expand their for-profit business to offer the same services at the same universities identified by HSA—they even tried to offer the services at Harvard. In simple terms, they took HSA’s business plans and gave us eight hours notice before they went off to launch their competing...
Closer to home, textbooks’ soft-cover cousins aren’t getting any cheaper either. Coursepacks that Harvard Printing and Publication Services (HPPS) used to handle are now being farmed out to XanEdu, a for-profit printer, and sold at the Harvard Coop. The extra distribution costs plus the Coop’s markup can only mean higher prices for students (then again, HPPS’s abrupt departure from the coursepack printing business means their low prices must have been to some extent financially unsustainable...