POSTED BY MARTIN KICH
As the following chart shows, relatively few of the for-profit colleges and universities exceed the federal limit for generating more than 90% of their revenues from Title IV funds managed by the Department of Education:
But, when funds from the Department of Defense and Veterans Administration are included in the calculation, more than 200 for-profit colleges and universities have exceeded the 90% limit. Of course, the for-profit sector is top-heavy in terms of enrollment, and as these charts from a new report from the Brookings Institute show, the 11 for-profit institutions with more than $600 million in annual revenue are especially dependent on federal student aid for their revenues:
The complete report from the brookings institute is available at: https://www.brookings.edu/blog/brown-center-chalkboard/2017/01/11/how-much-do-for-profit-colleges-rely-on-federal-funds/.