what is for profit colleges

For-profit colleges, also known as proprietary colleges or career colleges, are institutions of higher education that are owned and operated by private, profit-seeking businesses. These schools offer a variety of programs, including vocational and technical training, associate’s degrees, and bachelor’s degrees. The main difference between for-profit colleges and traditional non-profit colleges is that the primary goal of for-profit institutions is to generate a profit for their owners or shareholders, while the primary goal of non-profit institutions is to serve their students and the greater community.