Saturday, September 10, 2011

The Pros and Cons of For Profit Universities - MBA Education | MBA ...

Posted by maryjane | Posted in General | Posted on 09-09-2011

Tags: Full Sail University

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A Kaplan or Full Sail University review is something that seems to vary with each person you ask. Although there are differences, that does not make this venue a scam. On the contrary, there are several advantages. We all know that education is the key to unlocking success in life. That fact is true especially in todays world where information is vital. But this article is designed to show you the differences between profit and traditional schools. So let us get started.

Costs

Cost is always the number one concern so let us start here. For profit universities are often more expensive than other institutions. Also, student loan defaults are higher. But this rule varies a little depending on what kind of non-profit school it is compared to. Private schools also tend to be more expensive when compared to public schools. Just as a point of reference, for profit universities cost more.

Differences in Financing

Financing tends to be a sore subject at for profit universities. Due to the high cost, high default issue with for profit universities, the federal government recently said it is considering no longer approving student loans for them. This will be a huge problem for people looking for student loans that do not have terrible interest rates. For those looking for financing right now, there has not currently been a decision made on this.

Length

Here is one of the advantages that profit universities have over others. They offer students a chance to graduate at a much faster rate than traditional universities. As an added bonus, graduation rates are normally higher for this type of school as well.

Types of Classes

Full Sail University and other profit universities tend to focus more on technological training while others are more classroom based. Therefore, they are much more hands on than traditional schools. This allows individuals to experience some real work training but at the same time, they miss out on some of the advantages of classroom learning.

As you can see, profit and traditional universities both have advantages and disadvantages. Really, the type of program you want and its accreditation should be the biggest factor in what type of school you choose. Investigating whatever school you are interested in, despite its for profit or non profit affiliation, is necessary. Ultimately, you should always go with what you feel is the best choice.

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Source: http://blackmbauk.org/the-pros-and-cons-of-for-profit-universities/

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