For-Profit Colleges

Description: This quiz will test your knowledge on For-Profit Colleges.
Number of Questions: 15
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Tags: education higher education for-profit colleges
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What is the primary goal of a for-profit college?

  1. To provide students with a high-quality education

  2. To make a profit

  3. To conduct research

  4. To serve the community


Correct Option: B
Explanation:

For-profit colleges are businesses that are operated with the primary goal of making a profit. They are not funded by the government and rely on tuition and fees from students to cover their costs.

Which of the following is NOT a characteristic of for-profit colleges?

  1. They are typically more expensive than public colleges

  2. They offer a wider range of programs and courses

  3. They have lower admission standards

  4. They provide more financial aid to students


Correct Option: D
Explanation:

For-profit colleges typically do not provide as much financial aid to students as public colleges. This is because they are not funded by the government and rely on tuition and fees from students to cover their costs.

What is the graduation rate for students at for-profit colleges?

  1. About 25%

  2. About 50%

  3. About 75%

  4. About 90%


Correct Option: A
Explanation:

The graduation rate for students at for-profit colleges is typically lower than the graduation rate for students at public colleges. This is due to a number of factors, including the higher cost of attendance, the lower admission standards, and the lack of financial aid.

What is the job placement rate for graduates of for-profit colleges?

  1. About 25%

  2. About 50%

  3. About 75%

  4. About 90%


Correct Option: B
Explanation:

The job placement rate for graduates of for-profit colleges is typically lower than the job placement rate for graduates of public colleges. This is due to a number of factors, including the lower quality of education, the lack of accreditation, and the stigma associated with for-profit colleges.

What is the average debt for students who graduate from for-profit colleges?

  1. $20,000

  2. $40,000

  3. $60,000

  4. $80,000


Correct Option: B
Explanation:

The average debt for students who graduate from for-profit colleges is typically higher than the average debt for students who graduate from public colleges. This is due to the higher cost of attendance and the lack of financial aid.

What is the most common type of for-profit college?

  1. Career college

  2. Online college

  3. Community college

  4. University


Correct Option: A
Explanation:

Career colleges are the most common type of for-profit college. They offer programs that are designed to prepare students for specific careers, such as nursing, business, and information technology.

What is the largest for-profit college in the United States?

  1. University of Phoenix

  2. DeVry University

  3. Strayer University

  4. Kaplan University


Correct Option: A
Explanation:

The University of Phoenix is the largest for-profit college in the United States. It has over 100 campuses and offers a wide range of programs and courses.

What is the history of for-profit colleges in the United States?

  1. They were founded in the 19th century

  2. They were founded in the 20th century

  3. They were founded in the 21st century

  4. They have always existed


Correct Option: B
Explanation:

For-profit colleges were first founded in the United States in the 20th century. They grew rapidly in the 1990s and 2000s, but their growth has slowed in recent years.

What are the criticisms of for-profit colleges?

  1. They are too expensive

  2. They have low graduation rates

  3. They have low job placement rates

  4. They are not accredited

  5. All of the above


Correct Option: E
Explanation:

For-profit colleges have been criticized for being too expensive, having low graduation rates, having low job placement rates, and not being accredited. Some for-profit colleges have also been accused of engaging in deceptive marketing practices.

What are the benefits of attending a for-profit college?

  1. They offer a wider range of programs and courses

  2. They have more flexible schedules

  3. They are more convenient to attend

  4. They provide more financial aid to students

  5. All of the above


Correct Option: E
Explanation:

For-profit colleges offer a wider range of programs and courses, have more flexible schedules, are more convenient to attend, and provide more financial aid to students than public colleges.

What is the future of for-profit colleges?

  1. They will continue to grow

  2. They will decline

  3. They will be replaced by public colleges

  4. They will be regulated more heavily

  5. All of the above


Correct Option: E
Explanation:

The future of for-profit colleges is uncertain. Some experts believe that they will continue to grow, while others believe that they will decline. It is also possible that they will be replaced by public colleges or that they will be regulated more heavily.

What is the best way to choose a for-profit college?

  1. Do your research

  2. Talk to current and former students

  3. Visit the campus

  4. Compare costs and financial aid packages

  5. All of the above


Correct Option: E
Explanation:

The best way to choose a for-profit college is to do your research, talk to current and former students, visit the campus, and compare costs and financial aid packages.

What are some tips for succeeding at a for-profit college?

  1. Set realistic goals

  2. Develop good study habits

  3. Get involved in extracurricular activities

  4. Seek help when you need it

  5. All of the above


Correct Option: E
Explanation:

To succeed at a for-profit college, you should set realistic goals, develop good study habits, get involved in extracurricular activities, and seek help when you need it.

What are some of the challenges that students face at for-profit colleges?

  1. The cost of attendance

  2. The low graduation rates

  3. The low job placement rates

  4. The lack of accreditation

  5. All of the above


Correct Option: E
Explanation:

Students at for-profit colleges face a number of challenges, including the cost of attendance, the low graduation rates, the low job placement rates, and the lack of accreditation.

What are some of the resources available to help students succeed at for-profit colleges?

  1. Financial aid

  2. Academic advising

  3. Career counseling

  4. Tutoring

  5. All of the above


Correct Option: E
Explanation:

Students at for-profit colleges have access to a number of resources to help them succeed, including financial aid, academic advising, career counseling, and tutoring.

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