Proprietary Career Institute
A For-Profit Education for Profitable Education
The Proprietary Career Institute is dedicated to teaching students how to build the For-Profit Colleges of tomorrow. We believe in maximizing investment and expanding education as a profitable industry. This is both an opportunity for potential investors and aspiring students to get in at the ground floor of a multi-billion dollar industry.
What's all this?
This satirical website was designed to expose the predatory nature of many for-profit schools.
Our analysis draws data from several sources to evaluate the current state of for-profit education. Those sources are summarized below.
- Federal "90/10" data: we used 2012/2013 data about federal funding and overall funding at for-profit institutions to determine the aggregate support that they receive from the federal government.
- Three-year Official Cohort Default Rates for Schools: the Department of Education tracks default rates for students who enter repayment after departing from for-profit schools.
- IPEDS Data Center: the Integrated Postsecondary Education Data System provides a trove of useful statistics describing the operation, demographics, and classification of college campuses. We found their data to be particularly helpful for comparisons between for-profit schools and all others.
- Department of Education trend data: Department of Education figures clearly illustrate the recent sharp increase in for-profit college enrollment.
- The Center for Responsive Politics: the CRP provides granular campaign finance data (through their OpenData Initiative that helped us illustrate for-profit educators' donation behavior in the 2012 election.
- For-Profit Colleges Pay Executives Based On Profit, Not Student Success, Report Finds
- SEC report for the Education Management Corp
- Undercover Testing Finds Colleges Encouraged Fraud and Engaged in Deceptive and Questionable Marketing Practices
- Changing Dynamics in State Oversight of For-Profit Colleges
- For-profit colleges have the poorest students and richest leaders
- A 2-year investigation by the Senate Committee on Health, Education, Labor, and Pensions demonstrated that Federal taxpayers are investing billions of dollars a year, $32 billion in the most recent year, in companies that operate for-profit colleges
- Does Federal Student Aid raise tuition? New Evidence on For Profit Colleges
This project was completed for DataLore Hackathon, a weekend long hackathon in Boston that brought together designers, creative technologists, data scientists and filmmakers interested in storytelling. Teams brainstormed and prototyped an interactive narrative experience to tell a story with data, around data, or about data. Datalore was sponsored by The Non-Fiction Cartel, StoryCode Boston, Harvard’s Bok Center, the MIT OpenDocLab, and the MIT Center for Civic Media.
Created by Team 7 For-Profit Schools: