Market-Funded versus Self-Funded Universities

for-profit-vs-nonprofit.jpgI was researching and reading about market-funded universities versus traditional universities and came across this great chart that shows the difference in the core make up of each of these approaches to higher education.   

For those of you unfamiliar with the word “market-funded”, that is the same as for-profit…which include schools like the University of Phoenix, DeVry, Argosy, AIU, Capella and more.  I am not advocating one is better than the other, yet just providing information that I found helpful.

Self -Funded Universities                              Market-Funded Universities

Tax-exempt                                                     Tax-paying

Donors                                                             Investors

Endowment                                                     Private Investment capital

Stakeholders                                                    Stockholders

Shared governance                                         Traditional management

Prestige motive                                               Profit motive

Cultivation of knowledge                                Application of learning

Discipline-driven                                             Market-driven

Quality of inputs                                              Quality of outcomes

Faculty power                                                 Customer power        

Ruch, R. S. (2001). Higher Ed, Inc. The rise of the For-Profit University. Baltimore, MD: Johns Hopkins University Press.

March 10, 2010 · Filed Under Misc, Online Learning

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