Plenty of "non-profit" colleges also take federal money and provide subpar educations.
The only real difference is that the non-profit colleges funnel money to employees rather than to shareholders.
The only real difference is that the non-profit colleges funnel money to employees rather than to shareholders.
If a Devry student would not be accepted by Princeton (but would be accepted by Bumfuck U), it's unfair to compare Devry to the average of Princeton and Bumfuck. One should simply compare default rates of Devry and Bumfuck.