It has often been described as a for-profit institution that encourages' students' to take degrees in exchange for money.

Initially a non-profit school founded in 1949, it was purchased by investors who brought it out of bankruptcy, and now operate it as a for-profit institution.

The camps that have mushroomed are for-profit institutions that see their inmates as a source of income.

Many are non-profit private institutions, while others are for-profit institutions.

As opposed with traditional education, for-profit institutions often offer programs that can be completed in two years or under with great flexibility.