Higher Ed Study Reveals Private Sector Colleges Provide Greater Value than Public Sector Institutions

The Parthenon Group’s Education Center of Excellence, an independent research organization focused on the global educational enterprise, has conducted a first-time analysis of data from the U.S. Department of Education and other public agencies to determine the value of private sector career education and its place in the educational and economic spectrum.

The study was supported by Corinthian Colleges, a private sector education company, in an effort to inject a fact-based perspective into the debate about private sector educational opportunities and outcomes.

The study, comparing the characteristics of career colleges and public two-year institutions, found that private career colleges:

  • Increase access to post-secondary education for underrepresented students
  • Produce graduation rates equal to or better than public institutions
  • Increase the average earnings for graduates and do so at a higher rate than public institutions
  • Assist students maintain a low debt to earnings ratio.

WHAT: A webinar lead by the author of the study and well-known higher education expert will review and discuss the results of the Parthenon research. There will be a Q&A session.

WHEN: Thursday, April 1, 2010 at 1:00 pm EDT/10:00 am PDT. The webinar will last one hour.

WHO: Rob Lytle is a partner and co-head of Parthenon’s Education Center of Excellence which conducted the study. For over 15 years, he has led client engagements on general strategy, profit improvement, and investment due diligence across a broad spectrum of business models in the following sectors: K-12 and post-secondary schools; educational publishing, testing, and service provision; and consumer education products and services.

Mark L. Pelesh has served as the Executive Vice President for Legislative and Regulatory Affairs at Corinthian College since September 2003. Prior to joining Corinthian, Mark was a partner in the Washington DC law firm of Drinker Biddle & Reath LLP from 1997 to September 2003, where he founded and led the firm’s Education Law Group.

WHERE: Please follow the below link to join the webinar: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=201094&eventID=2979605

CONTACT: Please RSVP at RSVP@stantoncomm.com or call Michelle Lancaster at (202) 223-4933.

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