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For-profit School
For-profit education (also known as the education services industry or proprietary education) refers to educational institutions operated by private, profit-seeking businesses. For-profit education is common in many parts of the world, constituting more than 70% of the higher education sector in Malaysia, Japan, South Korea, Indonesia and the Philippines. Australia In 2011, Australia had over 170 for-profit higher education institutions, representing 6% of the total student population. Their qualifications are legally equivalent to those issued by the public universities, but there have been concerns raised by external audits about the quality of education and standards in for-profit colleges. There are concerns over the low representation of Indigenous students, students from low socio-economic status backgrounds and students from non-English speaking backgrounds in for-profit colleges, which lag public universities. However, for-profit colleges do provide a second chance to man ...
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Educational Institution
An educational institution is a place where people of different ages gain an education, including preschools, childcare, primary-elementary schools, secondary-high schools, and universities. They provide a large variety of learning environments and learning spaces. Architecture Types of educational institution Types of educational institution include: Early childhood * Infant school * Kindergarten * Preschool or nursery Primary * Comprehensive school * Elementary school, Elementary, grade or primary school * Junior school * Middle school (partly) * Preparatory school (United Kingdom) Secondary * Academy (English school) * Adult high school * Boarding school * Collegiate institute * Comprehensive school * Comprehensive school (England and Wales) * Grammar school * Gymnasium (school) * * Independent school (UK) * Middle school (partly) * Military high school * Minor seminary * Realschule * Secondary school or high school * Staff college * Studio school * University techni ...
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2015 United Kingdom General Election
The 2015 United Kingdom general election was held on Thursday, 7 May 2015 to elect 650 Member of Parliament (United Kingdom), members of Parliament (MPs) to the House of Commons of the United Kingdom, House of Commons. The Conservative Party (UK), Conservative Party, led by Prime Minister of the United Kingdom, Prime Minister David Cameron, won an unexpected majority victory of ten seats; they had been leading a Cameron–Clegg coalition, coalition government with the Liberal Democrats (UK), Liberal Democrats. It was the last general election to be held before the 2016 United Kingdom European Union membership referendum, UK voted to leave the European Union (EU) in June 2016. Opinion polls and political commentators had widely predicted that the election would result in a second consecutive hung parliament whose composition would be similar to the one elected at the 2010 United Kingdom general election, previous general election in 2010. Potential coalitions and agreements betwe ...
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Profit Motive
In economics, the profit motive is the motivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in the sense of "increasing net worth". Stated differently, the reason for a business's existence is to turn a profit. The profit motive is a key tenet of rational choice theory, or the theory that economic agents tend to pursue what is in their own best interests. In accordance with this doctrine, businesses seek to benefit themselves and/or their shareholders by maximizing profits. As it extends beyond economics into ideology, the profit motive has been a major matter of contention. Economics Theoretically, when an economy is fully competitive (i.e. has no market imperfections like ...
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Charter Management Organization
A charter management organization (CMO) is an educational organization that operates charter schools in the United States. Charter schools are public schools that operate independently of the local government school district. A CMO contracts with a charter school to provide a specific service or set of services. They may not hold the charter except for in AZ. By convention, a CMO manages at least three schools and serves at least 300 students. Additionally, they must be a separate business entity from the school. History Economist Milton Friedman in 1955 proposed that education could be improved by a universal school voucher program. A free market in primary and secondary education would allow consumers (parents) to choose among alternatives, stimulating competition and improvement. In 1974, Ray Budde, a professor at the University of Massachusetts Amherst, floated the idea of a charter school. In 1991, Minnesota enacted legislation that enabled charter schools. Other states foll ...
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Charter School
A charter school is a school that receives government funding but operates independently of the established state school system in which it is located. It is independent in the sense that it operates according to the basic principle of autonomy for accountability, that it is freed from the rules but accountable for results. Public vs. private school Charter schools are publicly funded schools that operate independently from their local district. Charter schools are often operated and maintained by a charter management organization (CMO). CMOs are typically non-profit organizations and provide centralized services for a group of charter schools. There are some for-profit education management organizations. Charter schools are held accountable by their authorizer. There is debate on whether charter schools should be described as private schools or state schools. Advocates of the charter model state that they are public schools because they are open to all students and do no ...
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School District
A school district is a special-purpose district that operates local public Primary school, primary or Secondary school, secondary schools or both in various countries. It is not to be confused with an attendance zone, which is within a school district and is used to assign students to schools in a district and not to determine government authority. North America United States In the U.S., most K–12 public schools function as units of local school districts. A school district usually operates several Elementary schools in the United States, elementary, Middle school#United States, middle, and Secondary school, high schools. The largest urban and suburban districts operate hundreds of schools. While practice varies significantly by state (and in some cases, within a state), most American school districts operate as independent local governmental units under a grant of authority and within geographic limits created by state law. The executive and legislative power over locally ...
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Education Management Organization
An education management organization (EMO) is a term of art describing a for-profit entity that manages schools. It provides a distinction from charter management organization which is a ''non-profit'' manager of charter schools. The terms are often used interchangeably, with resulting confusion. Other and older usages of the term describe an organization that develops and distributes school curricula. These organizations in the United States provide the curricula for public schools, charter schools, virtual schools, and homeschooling parents. History In 1991, Minnesota enacted legislation that enabled charter schools. Other states followed. The state or its delegate issues a charter to a school. In most states, the charter-holder has the privileges and responsibilities of a school board, but not the taxing authority. Many states have adopted laws that require that the holder of the school charter be a non-profit organization. As a result, the most common form of a charter mana ...
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Private Schools
A private school or independent school is a school not administered or funded by the government, unlike a public school. Private schools are schools that are not dependent upon national or local government to finance their financial endowment. Unless privately owned they typically have a board of governors and have a system of governance that ensures their independent operation. Private schools retain the right to select their students and are funded in whole or in part by charging their students for tuition, rather than relying on taxation through public (government) funding; at some private schools students may be eligible for a scholarship, lowering this tuition fee, dependent on a student's talents or abilities (e.g., sports scholarship, art scholarship, academic scholarship), need for financial aid, or tax credit scholarships that might be available. Roughly one in 10 U.S. families have chosen to enroll their children in private school for the past century. Some pr ...
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Post-secondary
Tertiary education (higher education, or post-secondary education) is the educational level following the completion of secondary education. The World Bank defines tertiary education as including universities, colleges, and vocational schools. ''Higher education'' is taken to include undergraduate and postgraduate education, while vocational education beyond secondary education is known as ''further education'' in the United Kingdom, or included under the category of ''continuing education'' in the United States. Tertiary education generally culminates in the receipt of Academic certificate, certificates, diplomas, or academic degrees. Higher education represents levels 5, 6, 7, and 8 of the ISCED#2011 version, 2011 version of the International Standard Classification of Education structure. Tertiary education at a nondegree level is sometimes referred to as further education or continuing education as distinct from higher education. UNESCO stated that tertiary education focu ...
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School
A school is the educational institution (and, in the case of in-person learning, the Educational architecture, building) designed to provide learning environments for the teaching of students, usually under the direction of teachers. Most countries have systems of formal education, which is sometimes compulsory education, compulsory. In these systems, students progress through a series of schools that can be built and operated by both government and private organization. The names for these schools vary by country (discussed in the ''School#Regional terms, Regional terms'' section below) but generally include primary school for young children and secondary school for teenagers who have completed primary education. An institution where higher education is taught is commonly called a university college or university. In addition to these core schools, students in a given country may also attend schools before and after primary (elementary in the U.S.) and secondary (middle scho ...
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Arden University
Arden University is a private, for-profit teaching university in the United Kingdom. It offers a variety of undergraduate and postgraduate programmes with both blended and online distance learning delivery options. Its head office is in Coventry with campus locations in Birmingham, Manchester, Leeds, London and Berlin. Originally established as Resource Development International (RDI) in 1990, it was later bought by Capella Education and awarded university status by the British government in 2015. Since August 2016, it has been owned by Global University Systems. It is named after the Arden area of England, where its Coventry headquarters are situated. History Resource Development International (RDI), the forerunner of Arden University, was established in 1990 by the Coventry-based entrepreneur John Holden. RDI originally provided distance learning programmes for commercial and industrial clients and established several subsidiary operations in the US, Europe, Africa, and t ...
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BPP University
BPP University is a Private university#United Kingdom, private university in the United Kingdom. Running courses in law, accountancy, business, nursing, and technology, the for-profit institution is currently a part of BPP Holdings, BPP Education Group. Established in 1976 as an accountancy school, the school was granted degree-awarding powers in 2007 and renamed BPP University College of Professional Studies in 2010. It gained full university status in 2013 as BPP University, with a governing board of nine directors. It operates four schools: BPP University Business School, BPP University Law School, BPP University School of Technology, and BPP University School of Nursing. History Founding and early years (1976-2013) BPP (Brierley Price Prior) was established in 1976 as an accountancy school. Its three co-founders, Alan Brierley, Richard Price and Charles Prior, used the initials of their surnames for the company name. All three previously worked teaching accoun ...
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