Industry Analysis & Industry Trends
Making the grade
While the industry has been under increasing scrutiny in recent years due to questionable recruiting and marketing practices and lax admissions standards, revenue continues to grow. The high number of high school graduates has left traditional colleges at capacity, and still-high unemployment rates have encouraged nontraditional students to attend courses. All of these trends will continue in the next five years, but increased regulation will slow the pace of growth... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The For-Profit Universities industry is in a growth stage of its life cycle. In the 10 years to 2018, IBISWorld anticipates that the industry's contribution to the overall economy, measured by industry value added (IVA), will increase at an annualized rate of 2.2%, compared with GDP's forecast annualized growth of 2.1% over the same period. This is largely because growth at for-profit universities exploded during the recession as many people, unable to find jobs, returned to school. In the five years to 2013, the number of for-profit campuses is estimated to increase at an annualized rate of 7.9% to 718.
The industry has also benefited from its rapid development of online courses and distance education... purchase to read more