Word: for-profit
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...with reform-minded Coloradans, who started a campaign called Make Your Vote Count and collected more than 134,000 signatures to put 36 on the ballot. Most of the financial backing has come from J. Jorge Klor de Alva, the former president of the University of Phoenix, a for-profit adult-education school. Klor de Alva, who divides his time between Brazil and California, is now CEO of Apollo International, a University of Phoenix offshoot that runs a similar university in Brazil...
...give it back to me for a while," says Merideth. "When he finally did, he said, 'Wow.'" Two weeks later, Rehberg and Bagnato chartered a plane to Mississippi and presented their research to Scruggs, including tales of conflicts of interest, of executives paid to head both the hospital and for-profit subsidiaries, and plenty of stories of aggrieved patients. By June, the suits were flying. "These hospitals claim they're charities but operate like for-profit businesses," says Scruggs. "We aren't challenging hospitals that are going broke...
...food is growing about 15% a year. The amount of food distributed since 2000 has risen 30%, to 42.3 million lbs. a year, and fund raising has jumped 33%, to $9 million--at a time when economic turbulence has squeezed philanthropic giving. Mulqueen's weapons: strategies adapted from the for-profit world, combined with good old military discipline. Mulqueen endorsed such concepts as training, branding and competitive bidding--all of them borrowed from the corporate-management textbook. "What distinguishes us from other charities is that I run this like a business," he says. "Even though we're a monopoly here...
...spends more of its operating budget on financial aid than any other Harvard school, and the percentage of MPP graduates taking for-profit positions fell to 20 percent...
...base guarantee,” the formula in place now gives established colleges the same share of aid every year, and it has become progressively more out of touch with current changes in college demography. Increasingly, low-income students are enrolling in cheaper community and for-profit two-year and four-year colleges. Yet these schools are neglected in the current system, as little money remains after funding established colleges. In their present form, federal student-aid programs are no longer serving some of country’s most needy students...