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May31
Proquest - Big For-profit University Support # 1

Granted these next seven companies I will introduce do NOT make all of their money off of for-profit education institutions. But they do make a lot of it. For good or for bad it seems the for-profit institutions lean on online classrooms more heavily than the traditional schools.

There are reasons for that that I would like to address in future posts.

Here are seven e-learning platforms.

I will give

1. it’s name
2. it’s ’05 revenue
3. it’s ’06 revenue
4. its’ equity value
5. it’s projected long term growth.

# 1 on the list is with more revenue than the other six combined.

1. Proquest
2. $567,700,000
3. $588,800,000
4. $846,000,000
5. 12%

Once again, when schools or any business for that matter sees this much cash flow, has this much value, and this much growth potential, they become the focus of increased scrutiny.

Is it any surprise that the for-profit schools are examined so closely? Criticized so openly and loudly?

Are there other reasons for this besides the money? Is it because it concerns our kids? Or someone else’s kids? Is it because schools were not traditionally in the business of making money? Is it only the traditional schools that are vocalizing the criticism? A lot of questions.  Please tell me…

What do you think?


4 Comments/Trackbacks




Thanks Bill, what a great site for people who know to discuss and reflect carefully on this issue.... Thanks for showing the opportunity for opposing views -- which is what the best discussions emphasize! Bravo -- this site should attract some wonderful thinkers in the know and I will watch it with keen interest!

What is lost for most ... when so much money is gained by a few? That's a question that rises for me from what you post here? What do you think?

Hello Bill, I appreciate the thoughtful criteria you have established to see themes and patterns connected to revenues at for-profit universities. When these facts are presented without a specific bias, you help us see and understand more about for-profit institutions in very substantive ways. Thanks.

Perhaps in time, my biases will creep in...I am trying to hold back for now.

Thanks for dropping by and leaving a comment.

Ellen,
I will deal with the money distribution in a future post for sure.

If a $2billion company must pay 20-30% in taxes = $400-600 million. Where does that tax money go?

If a public institution consistently has its hands out asking for "More!"...who is making a contribution and who is not?

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