For-profits expected to flourish under Trump administration
- The Seattle Times reports on a projected bright future for for-profit colleges under Donald Trump's vision for higher education.
- While the president-elect has not outlined the specifics of his vision for higher education, many anticipate massive deregulation of harmful for-profit guidance issued by the Obama Administration while implementing harsh financial penalties for underperforming institutions in the areas of job placement and student loan debt.
- Stock prices for for-profit education companies have soared since Trump's election in early November.
How will non-profit colleges and universities be able to duplicate the for-profit model? That is the question that may mean the difference between staying open and able to grow and reducing operations and capacity in the face of falling enrollment numbers.
A Donald Trump administration, by most estimates, suggests that free markets will reign but with less financial support from the federal government. And that means that middle-class families will be left to find alternative educational methods, or to recalibrate professional objectives outright, as higher education will no longer be an easily achievable option.