For-profit colleges lack tax breaks and prey on black students

Evidence

At the bottom, you’ll find for-profit schools. They receive no tax breaks, relying almost exclusively on tuition to cover operating costs. They admit virtually all applicants and have the highest percentage of black students. But as we’ll see, without the tax breaks nonprofits receive, for-profits have to operate like businesses. And when businesses focus on the bottom line, their customers—in this case, a predominantly black student population—fall prey to profit-maximizing decisions. — Dorothy A. Brown, The Whiteness of Wealth, 261

Categorization

• ADDENDUM: The tax-break-as-subsidy logic here mirrors the infrastructure subsidy logic of ‘Grafting & Growth’; the same lens explains who gets the public subsidy and who is exposed to the market.