For-profit colleges’ shareholder orientation drives poor black graduation rates.

Evidence

For-profit institutions do not award scholarships because their goal is to increase returns for their shareholders, just like any other for-profit corporation. For-profits are focused on the bottom line and far more subject to the ups and downs of the economy—and only one in five black students who attends a for-profit college graduates. — Dorothy A. Brown, The Whiteness of Wealth, 281

Categorization

Category: Causal Relationships

Related

• Only one in five black for-profit students graduates on time. (similarity 0.90)
• For-profit colleges lack tax breaks and prey on black students (similarity 0.87)
• Colleges structurally skew even the most selective campuses toward white students. (similarity 0.82)
• For-profit college vulnerability stems from elite higher ed’s exclusionary structure (similarity 0.81)
• Many for-profit students would be better off not attending college at all (similarity 0.80)
• College degrees do not close the racial wealth gap (similarity 0.80)
• Parental financial support nearly eliminates the black-white college graduation gap. (similarity 0.79)
• Tax policy silently shapes each racial difference in the college experience (similarity 0.79)
• The tax system’s college financing incentives benefit whites and enlarge the racial wealth gap (similarity 0.79)
• For-profit colleges exist parasitically on the prestige of elite institutions. (similarity 0.78)
• Black graduates carry more student debt that worsens even among wealthy families (similarity 0.78)