For-profit universities have come under fire in recent years for pumping students up with debt and leaving them with little to show for it. But even if some of the growth in the industry over the last decade has been debt-fueled and unsustainable, there’s no doubt that demand for post-secondary education overall will continue to grow as our economy becomes more competitive and specialized. According to IBIS, “Stepping in to alleviate the hightened demand for higher education, for-profit universities have become a common sight in education in the United States.”
Average annual growth 2002-2012: 13.6%
Projected annual growth 2012-2017: 3.6%
