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Original publisher: Washington : U.S. G.P.O., 2011. LC Number: KF26 .L27 2010d OCLC Number: (OCoLC)746796470 Subject: For-profit universities and colleges -- United States. Excerpt: ... 11 Moreover, the amount that some for-profit schools spend on educating students is shrinking. One school reduced spending on education from 48 percent of costs in 20 2004 to 40 percent in 2009. A second school reduced spending on education from 21 37 percent of costs in 2006 to 32 percent in 2009. At least one school spent more on marketing and recruiting than on education, and another spent just 1 percent 22 more on education than marketing and recruiting. At the same time numerous ac-counts detail marketing and recruiting practices that are sometimes overzealous or 23 misleading. For-profit schools ' expenditures on marketing and recruitment relative to the spending on education raise questions about whether sufficient resources are being 20 School 11 fiscal year 2004 and fiscal year 2009 annual filings with the Securities and Ex-change Commission. 21 School 8 fiscal year 2009 annual filing with the Securities and Exchange Commission. 22 School 8 and School 11 fiscal year 2009 annual filings with the Securities and Exchange Commission. 23 See: National Association for College Admission Counseling, ' ' Higher Education Act Fraud Alert, ' ' May 11, 2010. 57222-8. eps 7222-7. eps VerDate Nov 24 2008 11: 26 Jul 26, 2011 Jkt 035165 PO 00000 Frm 00015 Fmt 6633 Sfmt 6621 S: DOCS 57222. TXT DENISE 5
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Emerging risk?: an overview of the federal investment in for-profit education: hearing of the Committee on Health, Education, Labor
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