For-Profit School

What is a for-profit school?

A for-profit school is a private institution that’s independently owned and operated. Unlike nonprofit institutions like Goodwin University (or state-operated universities like those in the CSCU system), the primary goal of a for-profit school is to generate revenue for shareholders and investors.

If both nonprofit and for-profit schools are independently owned and operated, how do they differ from one another?

Nonprofit schools are mission-driven and prioritize high-quality programming. Revenue is reinvested into the school to support faculty development, scholarships and financial aid, updated facilities, and other student-centered services.

In contrast, for-profit schools operate like businesses. Revenue prioritized toward investor profits and marketing efforts. This difference in priorities can impact your overall educational experience.

Is it better to attend a nonprofit school?

When deciding where you'll study, remember that higher education isn't one-size-fits-all. It's important to do your homework and consider your personal and professional aspirations. Some factors you should weigh while making this decision include:

At Goodwin University, we start with you. Learn more and begin your Goodwin journey today!

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