The exclusiveness of some America colleges is itself an attraction for many applicants, but obviously for-profit colleges face a different dynamic.
Minneapolis-based Capella Education Co., which will toughen admissions standards by instituting entrance exams for some bachelor’s applicants, expects enrollment growth to decline. (Remember: Growth would decline, not enrollment.)
Such a prospect was enough to send its stock falling as much as 23%.
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About the blogger
Alex Friedrich reports on higher education issues for MPR News. Among the stories he has covered: the fall of the Berlin Wall, aftermath of Hurricane Katrina, collapse of the I-35W bridge in Minneapolis, 2003 Moscow suicide bombing and 2004 presidential elections in the Republic of Georgia. He holds a bachelor’s degree in journalism from the University of Georgia and a master’s in European political economy from the London School of Economics.