List of for-profit universities and colleges

{{Short description|Overview of the world's for-profit universities and colleges}}

This is a list of for-profit institutions of higher education.

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In the United States

{{Education in the U.S.}}

Distance education (online)

Outside the United States

In India many educational trusts and institutions which have no accreditation give autonomous degrees for profit.

In Chile many universities are suspected of violating legislation that forbids profitmaking in such institutions.{{cite web|last=Jump |first=Paul |url=http://www.timeshighereducation.co.uk/story.asp?storyCode=417904§ioncode=26 |title=Student protesters march on to root out Chile's false profits |publisher=Times Higher Education |date=2011-10-27 |accessdate=2012-06-28}}{{cite web|author=|url=http://www.ft.com/cms/s/0/4455a222-ea84-11e0-b0f5-00144feab49a.html#axzz1z6cxhcce |archive-url=https://ghostarchive.org/archive/P7cSJ |archive-date=2022-12-11 |url-access=subscription |url-status=live |title=FT interview: Sebastián Piñera |publisher=FT.com |date=2011-10-04 |accessdate=2012-06-28}}{{cite web|url=http://www.santiagotimes.cl/national/education/23950-committee-accuses-chilean-universities-of-financial-irregularities |title=Committee accuses Chilean universities of financial irregularities |publisher=Santiagotimes.cl |date= |accessdate=2012-06-28}}

Closed or merged

For-profit colleges that became non-profit colleges

Conversions from for-profit to nonprofit are legitimate when the assets and income are fully committed to the educational purpose, and control by private interests is eliminated. Some converted nonprofits may not be legitimate.{{Cite web|date=2020-10-07|title=How For-Profits Masquerade as Nonprofit Colleges|url=https://tcf.org/content/report/how-for-profits-masquerade-as-nonprofit-colleges/|access-date=2020-12-05|website=The Century Foundation|language=en}} A Government Accountability Office report about the problem is anticipated.{{Cite web|last=Halperin|first=David|date=2019-11-14|title=GAO Probing For-Profit College Conversions As DeVos Retreats on Approvals|url=https://www.republicreport.org/2019/gao-probing-for-profit-college-conversions-as-devos-retreats-on-approvals/|archive-url=|archive-date=|access-date=2020-12-05|website=Republic Report|language=en-US}}

  • Art Institutes (converted in 2017){{cite news|url=https://www.washingtonpost.com/news/grade-point/wp/2017/03/03/art-institute-campuses-to-be-sold-to-foundation/|title=Art Institute campuses to be sold to foundation|newspaper=Washington Post|accessdate=26 May 2017}}
  • Ashford University became non-profit in 2018 and was subsequently acquired by the University of Arizona in 2020.
  • Baker College in Michigan became nonprofit in 1977.
  • Bryant & Stratton College – multiple locations. The school has converted to nonprofit.{{Cite web|last=Murphy|first=Justin|title=Bryant and Stratton College has become nonprofit|url=https://www.bryantstratton.edu/about-us|language=en}}
  • Community Care College and its affiliated institutions (Clary Sage College and Oklahoma Technical College) converted to nonprofit in 2015.{{Cite web|last=Shireman|first=Robert|date=2018-08-24|title=These Colleges Say They're Nonprofit—But Are They?|url=https://tcf.org/content/commentary/colleges-say-theyre-nonprofit/|archive-url=|archive-date=|access-date=2020-12-23|website=The Century Foundation|language=en}}
  • Concord Law School – online, part of Purdue University Global.
  • Herzing University converted to nonprofit in 2015.
  • Hult International Business School - Converted to nonprofit in 2014.{{cite web|title=IRS Form 990 |website=IRS Tax Exempt Organization Search |date=14 August 2017|accessdate=2 February 2023|url=https://apps.irs.gov/pub/epostcard/cor/043348440_201609_990_2017110714931217.pdf}}
  • Keiser University (converted in 2011).{{cite web|title=Keiser U. Goes Nonprofit|website=Chronicle of Higher Education|date=13 January 2011|accessdate=4 November 2011|first=Kelly|last=Field|url=https://www.chronicle.com/article/Keiser-U-Goes-Nonprofit/125947/}} After the conversion the school owner remained involved in the school as a landlord, contractor, and chancellor.
  • Kendall College – Chicago, Illinois, formerly owned by Laureate Education, purchased by National Louis University in 2018.{{Cite web |url=https://www.kendall.edu/about/history/ |title=History |website=www.kendall.edu |access-date=2018-09-17}}{{Cite news |url=http://www.chicagotribune.com/business/ct-biz-kendall-college-national-louis-university-sale-20180807-story.html |title=Kendall College's culinary, hospitality programs to land on Michigan Ave. after sale to National Louis University |last=Channick |first=Robert |date=August 7, 2018 |work=Chicago Tribune|access-date=2018-09-17 |language=en-US}}
  • Pittsburgh Technical College was an employee-owned for-profit school before becoming nonprofit in 2017.
  • Purdue University Global- formerly Kaplan University (converted in 2018, granted IRS tax-exempt status in 2019). Under a long-term contract, the former owner continues to manage much of its operation, causing critics to question the college's integrity as a nonprofit.{{cite web|url=https://www.businesswire.com/news/home/20180322006240/en/Kaplan-Closes-Transaction-Purdue-Assets-Kaplan-University|title=Kaplan Closes Transaction with Purdue for the Assets of Kaplan University|date=22 March 2018|publisher=|accessdate=17 July 2018}}{{Cite web|date=2020-09-02|title=How Purdue Global Got Its IRS Stamp of Approval|url=https://tcf.org/content/commentary/purdue-global-got-irs-stamp-approval/|access-date=2020-12-05|website=The Century Foundation|language=en}}
  • Remington Colleges claimed nonprofit status in 2010.
  • South University converted in 2017, but that purchase collapsed and ownership changed.{{Cite news|last1=Cowley|first1=Stacy|last2=Green|first2=Erica L.|date=2019-03-08|title=A College Chain Crumbles, and Millions in Student Loan Cash Disappears (Published 2019)|language=en-US|work=The New York Times|url=https://www.nytimes.com/2019/03/07/business/argosy-college-art-insititutes-south-university.html|access-date=2020-12-23|issn=0362-4331}}{{cite web|url=https://www.insidehighered.com/news/2017/03/03/large-profit-chain-edmc-be-bought-dream-center-missionary-group|title=Large for-profit chain EDMC to be bought by the Dream Center, a missionary group|publisher=|accessdate=26 May 2017}} The accreditor lists the school as for-profit as of December 2020.{{Cite web|title=Institutions|url=https://sacscoc.org/institutions/|access-date=2020-12-23|website=SACSCOC|language=en}}
  • Southern New Hampshire University (converted in 1968){{cite web|url=http://www.snhu.edu/about-us/leadership-and-history/history|title=History|publisher=SNHU |accessdate=September 25, 2013}}
  • Stevens-Henager College and its affiliates Independence University, CollegeAmerica, and California College San Diego were purchased by a tax-exempt organization in 2012.{{Cite web|last=Shireman|first=Robert|date=2015-09-22|title=The Covert For-Profit|url=https://tcf.org/content/report/covert-for-profit/|archive-url=|archive-date=|access-date=2020-12-23|website=The Century Foundation|language=en}} Nonprofit status was initially declined by the U.S. Department of Education and then granted in 2018.{{Cite web|last1=Bauman|first1=Dan|last2=Vasquez|first2=Michael|date=April 12, 2020|title=How a For-Profit Tycoon Turned His Colleges Into Nonprofits|url=https://www.chronicle.com/article/how-a-for-profit-tycoon-turned-his-colleges-into-nonprofits/|archive-url=|archive-date=|access-date=2020-12-09|website=www.chronicle.com}}
  • Sunstate Academy was purchased by the family-run Compass-Rose Foundation in 2003.
  • Ultimate Medical Academy switched from nonprofit to for-profit in 2005, and then converted back in 2015.
  • Waldorf University – Forrest City, Iowa, In 2010, it was sold to Columbia Southern University and became a for-profit institution; twelve years later, on January 1, 2022, ownership was transferred to the Waldorf Lutheran College Foundation, returning the university to its non-profit roots.

=See also=

References

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Category:Lists of universities and colleges