Techno-News Blog

January 28, 2021

More colleges and universities outsource services to for-profit companies

Filed under: Uncategorized — admin @ 12:15 am

Jon Marcus, Washington Post

Colleges and universities have long outsourced such things as bookstores and dining and custodial services. Now they’re paying billions of dollars a year to for-profit corporations to create and administer online courses; recruit and enroll students; advise and tutor those students once they start school; oversee research; manage information technology and utilities; and build or manage dorms, classrooms, labs, parking and student unions. Some of these functions are outside the institutions’ educational missions, advocates of such partnerships point out, though what’s new is that “more and more are cutting closer to the academic core,” said Dennis Gephardt, vice president and senior credit officer on the higher education and not-for-profit team at the Moody’s bond-rating agency.

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