More than 100 for-profit institutions closed during past year, according to federal data - Autumn A. Arnett, Educaton Dive

The number of for-profit and career colleges in the higher education landscape declined dramatically in the last four years, with the rate of decrease increasing from year to year, with more than 100 institutions closing between the 2016-17 and 2017-18 academic years, according to new data from the U.S. Department of Education. Nonprofit public and private institutions, however, remained relatively stable, with 20 closing in each sector during the same period, according to reporting from Inside Higher Ed. It is perhaps the data around credentials awarded that is most damning for for-profits: From 2012-13 to 2016-17, the number of higher ed credentials conferred across the board rose by 1.2%, but the for-profits awarded 29.2% fewer credentials — 518,956 versus 367,529. https://www.educationdive.com/news/more-than-100-for-profit-institutions-closed-during-past-year-according-to/525094/