Foreword.

Considering the Third Sector: The New Prominence of For-Profit Higher Education.

Why Now?

Taking Aim.

The Target.

Organization of the Volume.

From the Beginning: Development of For-Profit Higher Education in the United States.

Eras of For-Profit Higher Education.

The For-Profit Sector Today.

Institutional Diversity: Classification of the For-Profit Sector.

A New Classification.

Elements of the Classification.

Types of For-Profit Institutions.

Continuing Difficulties with Classification.

Shareholder Owners: Defining an Era.

History of Shareholder Institutions.

Current Owners.

Implications of the Wall Street Era.

Measure of Success: Students in the For-Profit Sector.

Historical Perspectives.

National Datasets.

Current Trends.

Student Outcomes.

Student Motivation, Experiences, and Campus Life.

Remaining Questions.

The Academic Mission: Teaching and Learning in the For-Profit Sector.

Curriculum.

Faculty.

Do Students Learn?

External Approval: Accrediting the For-Profit Sector.

Background on Accreditation.

History.

Regional Accreditation.

For-Profit Accrediting Agencies.

Regional Accreditation of National Institutions.

Creating the Playing Field: State and Federal Regulation.

State Oversight.

Federal Oversight.

Diploma Mills.

Current Regulatory Issues.

Reflections and Future Direction.

Research Agenda.

Conclusion.

Notes.

References.

Name Index.

Subject Index.

About the Author.