For profit university

Previously were there private universities, national universities, state universities, city universities and religious universities. Many online universities are for profit universities; this has added another category in the list of US universities. For profit institutions have been criticized severely after we saw scandals such as Enron and WorldCom; movies like The Corporation criticize structural problems of profit institutions and they make good points. We have to wonder if for profit university is a viable model and if the university can provide quality education. I think that the honest answer is that we don't know the answer yet. While criticism on the structural problems of the for profit institution is more than fair, I think that it is too quick to say that for profit university cannot provide quality education. It is possible that for profit university cannot provide the best quality education in the world; none of for profit universities can become like Harvard, Stanford, Yale or Northwestern. However, I am pretty optimistic that for profit universities find its niche.