For-profit education
Their qualifications are legally equivalent to those issued by the public universities, but there have been concerns raised by external audits about the quality assurance and standards in for-profit colleges.Partnerships between for-profit "pathway" colleges and public universities have also proven effective in recruiting overseas students.The first major category of for-profit schools is post-secondary institutions, which operate as businesses, receiving fees from each student they enroll.[6] While supporters of EMOs argue that the profit motive encourages efficiency, this arrangement has also drawn controversy and criticism.[7] Kevin Carey of the New America Foundation said in a 2010 column in The Chronicle of Higher Education that "For-profits exist in large part to fix educational market failures left by traditional institutions, and they profit by serving students that public and private nonprofit institutions too often ignore."