March 04, 2014
by Goldie Blumenstyk
Washington — The Association of Private Sector
Colleges and Universities has released an analysis that says
for-profit colleges have a direct impact of about $20-billion on the
United States economy.
was released as some 200 officials of for-profit colleges, students,
and employers of the colleges’ graduates are gathering here for a
three-day lobbying push on Capitol Hill against tighter regulation. The
analysis, prepared by John Dunham and Associates, also includes localized reports that show the economic impact of the colleges, state by state.
Based on data from the 2011-12 year, the analysis says the colleges
“trained 855,562 graduates in technical fields with midlevel skills” and
provided the equivalent of 242,650 full-time jobs that produced tax
revenues of more than $3.47-billion. The association, the sector’s main
trade group, said that was the latest year for which data were
available. Enrollments and employment in the for-profit-college sector
have each shrunk somewhat since then. The analysis also estimated the
sector’s indirect economic benefits at more than $47-billion.
The Dunham firm is no stranger to the political arena. As it tells potential clients on its website, it “can help you respond to threats and opportunities in the policy arena
by providing strong analysis, as well as unique, credible messages and
tools for use in lobbying, stakeholder engagement, communications, and
litigation support” (emphasis is in the original).