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Dimensions of Corporate Ownership in For-Profit Higher Education
- The Review of Higher Education
- Johns Hopkins University Press
- Volume 30, Number 3, Spring 2007
- pp. 217-245
- 10.1353/rhe.2007.0009
- Article
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The recent growth of for-profit higher education has been marked by the rising importance of institutional ownership by publicly traded corporations. This paper looks at 13 publicly traded corporations that own degree-granting for-profit institutions of higher education in the United States, examining corporate growth strategies and their distinctiveness as Wall Street-owned institutions. The paper concludes that these institutions are different from their independently owned peers and that corporate growth strategies suggest the importance of foreign expansion.