For-Profit Grads’ Wage Disadvantage
In analyzing the salary gains associated with various kinds of academic programs, advocates of for-profit higher education have noted that the sector’s students tend to be less prepared for postsecondary work than are students in other sectors. A study released Monday by the National Bureau of Economic Research agrees with that generalization. But it finds that, even when controlling for such factors, there is an advantage for the nonprofit sectors in boosting salaries, over the for-profit sector.
The study arrives at a time of continued debate between for-profit advocates and critics on the extent to which for-profit programs advance students economically.
Report abstract available: