Jeff,
That is the 64 million dollar question!! There are many for-profit schools that would LOVE to know that very same thing Jeff.
It is a long, mostly political answer, but the bottom line is probably best answered by the "for-profit". Many, many, MANY years ago, there were...unfortunately...some for-profit schools that did take advantage of the system, and really left an ugly mark on the schools that were doing good things for the students. So, the regulations for schools that make a profit and use Title IV funding are held to a higher standard, and what often seems unfair.
I always say...great! We'll keep on providing our students with a hands-on, GREAT education AND we'll help them find a job, too! I truly believe that many of the regulations have made for-profit schools even better.
Really impressive that you notice that Jeff.
Donna Guisado