Offbeat

How Much Did Your College Degree Cost? Enough to Make the Rich Richer!

For-profit colleges have ben on the rise over the past 20 years and when compared to traditional, public institutions, these businesses are costing more for students while also making sick money for the CEOs who run them.

When looking at the highest paid executives from for-profit schools; between bonuses, stock and base salary, there‚Äôs an unnecessary bloat to the point where their salary is matched to some of the most successful CEOs in the country from the same year. Are these CEOs become extremely rich at the expense of America’s students and student loans? Yes.

At the same time instead of reinvesting in the institution, professors, classrooms and the students; typically a much higher percentage of profits is used to feed the marketing machine of these colleges. The marketing spend and visibility of the school is greatly increased, with less dollar amounts being spent on the actual students.

The following infographic, provided by College Degree Search, explains in much more detail where your tuition money is going and how it’s being spent.

The College Corporation
Source: College Degree Search

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