ENEB Master Thread

[sanantone]

I can't help you with auto company stocks. That isn't really my thing, but I did predict that more for-profit colleges would be converted to non-profits. LOL

Excellent–it still has a long way to catch up to the non-profit closers that continue to stack up. However, that doesn't fit the narrative, so why bother keeping count?

I didn't say anything about closures, but since you brought them up, for-profit colleges are the ones overrepresented in school closures. 

https://www.forbes.com/sites/edwardconro...79c51fa368

Did you forget to click the study? (the answer is Yep)– Let me help you with the research article that only favors your position if we are debating 2-year schools, which would be a silly and creative way to mislead the room. Even without the study, the data in the Forbes article should have caused you to want to dig deeper before posting.

'Out of the 467 closed institutions, the report considered, almost 50 percent were private for-profit two-year colleges, and 28 percent were private for-profit four-year colleges.'

Here's the study: https://sheeo.org/wp-content/uploads/202...eport1.pdf

Thanks for bringing the study to the forum, as it was enlightening.

LOL. Do you not know what overrepresented means? They are disproportionately represented among school closures. That means the percentage of school closures that involve for-profit institutions is higher than the percentage of colleges and universities that are for-profit. Yes, even 4-year for-profits are OVERREPRESENTED.

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Either Ksoul didn't actually look at the study, or they didn't comprehend what the figures meant. The report included simple, easy to understand graphics, so I'm not sure how a college-educated person could get confused.

https://ibb.co/ScpLXn1

49.9% of school closures involved 2-year for-profits 
28.1% of school closures involved 4-year for-profits 
17.8% of school closures involved 4-year nonprofits
3.4% if school closures involved 2-year nonprofits
0.9% of school closures involved public schools 

Now, which two categories have the highest share of school closures? I put them in descending order to make it easy to figure out.

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The hilarious part is that the study excluded schools that didn't participate in National Student Clearinghouse data collection. Guess which sector is the least likely to report to the National Student Clearinghouse. FOR-PROFITS!!! That means that for-profits were undercounted more than any other sector, and they still made up over three-quarters of school closures.