June 9, 2006

Budgets and Profits at For-Profit Colleges

To the Editor:

Goldie Blumenstyk quotes Samuel C. Wood, a former assistant professor at Stanford University, as saying, "The for-profits are motivated to devote themselves to 'student acquisition' and retention" ("Why For-Profit Colleges Are Like Health Clubs," The Chronicle, May 5). What college isn't? Except for the roughly 50 most elite institutions, every college and university in the country would have serious problems without substantial acquisition efforts. ...

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