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For-profit colleges and universities, also known as proprietary colleges, are post-secondary schools that rely on investors, and survive by making a profit. They include for-profit vocational and technical schools, career colleges, and universities. For-profit colleges and universities have frequently offered career-oriented curricula including culinary arts, business and technology, and health care. These institutions have a long history in the United States, and grew rapidly from 1972 to 2009. The growth of for-profit education has been fueled by government funding as well as corporate investment, including private equity.
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