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For-profit colleges gain luster amid tight job market.

Chicago Tribune (Chicago, IL)

| May 14, 2003 | COPYRIGHT 2007 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Ameet Sachdev

CHICAGO _ Amanda Viveros arrived at Indiana University last fall eager to become a Web designer. But the courses she sought were full.

So the freshman from Hammond transferred from the Big Ten school to the private International Academy of Design & Technology, which has 2,400 students at its "campus," three floors of a downtown Chicago office building.

"Why should I pay $16,000 to take a few English classes?" said Viveros, majoring in interactive media. "Here I'm learning what I need to know to be a Web designer."

The International Academy is a for-profit college, a sector long viewed as higher education's ugly stepchild and now gaining acceptance amid a sour economy. These schools _ which number about 800 and counting _ offer a practical, no-frills education. A major attraction: Job placement…

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Source: HighBeam Research, For-profit colleges gain luster amid tight job market.

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