For-profit pharmacy schools

[Elisaveth]

I was telling another pre-pharm student applying this year that California Northstate School of Pharmacy was a for-profit school, and he apparently didn't know that or that Sullivan was one as well. Is there a comprehensive list of all the for-profit pharmacy schools in the US somewhere online that I can share with him?

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[30Percent]

Pharmcas has a compilation of pharmacy schools. You can check a school's for-profit status at http://nces.ed.gov/collegenavigator/.

 

[NickW9682]

I would be wary of any for profit school...even if they are accredited.

 

[KlassyJ]

Why do you say that if I may ask?

 

[The Recoverer]

I hope this thread dies fast. To OP, technically ALL schools are for-profit. Seriously you do this? You just look at schools all day and judge them based on figures whether or not they are just after money? Accredited schools have gone through an valuation process that looks at the integrity of their curriculum.

To tell someone NOT to apply to a school because you THINK that the school is just an evil greedy powerhouse looking to make money is very naive. Pharmacy school is expensive. All schools are going to overcharge you in order to make money to some extent. With your logic, maybe we shouldn't apply to any schools.

 

[rxlea]

I've learned that scantrons are a valuable commodity at all schools, "for profit" and state alike.

 

[confettiflyer]

ITo OP, technically ALL schools are for-profit.

Technically incorrect.

See: definition of 501(c)(3) non-profit per IRS.

 

[Rx MPLS]

Technically incorrect.

See: definition of 501(c)(3) non-profit per IRS.

👍
The majority of schools out there are non-profit, even private ones. I wouldn't go to a for-profit only because they owe their shareholders fiduciary duty before they owe anything to their students. For-profit pharmacy schools can (and probably are) good sometimes, but I wouldn't take the risk. They owe you much less than they owe the people who fronted them money to build the school.

 

[Elisaveth]

I hope this thread dies fast. To OP, technically ALL schools are for-profit. Seriously you do this? You just look at schools all day and judge them based on figures whether or not they are just after money? Accredited schools have gone through an valuation process that looks at the integrity of their curriculum.

To tell someone NOT to apply to a school because you THINK that the school is just an evil greedy powerhouse looking to make money is very naive. Pharmacy school is expensive. All schools are going to overcharge you in order to make money to some extent. With your logic, maybe we shouldn't apply to any schools.

You need a big glass of calm down juice, dude.

I think everyone should do whatever they are most comfortable with. I'm mainly interested in figuring out which schools don't have a 501(c)(3) status.

 

[The Recoverer]

Yeah. I realized my post was OUT OF PLACE after I posted it. I apologize for jumping to conclusions.

This question is going to sound naive as hell, but what are some downsides to for profit schools? I am applying to Sullivan. Should I be concerned?

 

[Rx MPLS]

Yeah. I realized my post was OUT OF PLACE after I posted it. I apologize for jumping to conclusions.

This question is going to sound naive as hell, but what are some downsides to for profit schools? I am applying to Sullivan. Should I be concerned?

One downside is the same as most newer schools -- some people are judgmental and may not take your education as seriously if you went to a newer or a for-profit school. Think about the stereotypes of getting your degree from the University of Phoenix (the most famous for-profit, and probably the largest college in the country, technically). Some people might assume you couldn't get in anywhere "better" or that your education was inferior.

Another downside, as I mentioned above, is the fiduciary duty thing. For-profit schools have a profit motive, and have to deliver profits to the people who invested in them. This gives them incentive to charge more for things whenever possible and keep students in the dark as long as possible when things go awry (for example, in California Northstate's position).

One more for-profit college of pharmacy to add to your list: University of Southern Nevada, aka Roseman University.

 

[rxlea]

Yeah. I realized my post was OUT OF PLACE after I posted it. I apologize for jumping to conclusions.

This question is going to sound naive as hell, but what are some downsides to for profit schools? I am applying to Sullivan. Should I be concerned?

I know a pharmacist and a couple students from sullivan. They seem pretty bad ass to me....

 

[cup cake]

One more for-profit college of pharmacy to add to your list: University of Southern Nevada, aka Roseman University.

According to Roseman University's website (http://www.roseman.edu/node/2), it is a "private, non-profit, independent educational institution."

 

[474671]

South university in Georgia is also for profit, and their owners, EDMC have a few lawsuits against them right now and a terrible rep as far as gainful employment goes.

 

[Rx MPLS]

According to Roseman University's website (http://www.roseman.edu/node/2), it is a "private, non-profit, independent educational institution."

Oh wow, sorry for the bad info--good catch!

 

[Baka]

There's also another for-profit school opening in California called West Coast University. They already have a dean and I think they are opening next year (not sure). One of my prof mentioned the school during lecture.

 

[The Recoverer]

Mindblown

 

[confettiflyer]

Another downside...is the fiduciary duty thing.

Yup, that's what it boils down to. For-profit schools have to, by law, put the best interests of their shareholders/investors first.

If they fail to do so, investors can sue for damages (breach of fiduciary duty).

On the flip side, for-profit schools do not have fiduciary duty to their students.

In essence, when push comes to shove, investors are legally put first.

 

[NickW9682]

I hope this thread dies fast. To OP, technically ALL schools are for-profit. Seriously you do this? You just look at schools all day and judge them based on figures whether or not they are just after money? Accredited schools have gone through an valuation process that looks at the integrity of their curriculum.

To tell someone NOT to apply to a school because you THINK that the school is just an evil greedy powerhouse looking to make money is very naive. Pharmacy school is expensive. All schools are going to overcharge you in order to make money to some extent. With your logic, maybe we shouldn't apply to any schools.

I never once called them a greedy powerhouse. Any for profit school is most certainly not a powerhouse in any sort of way other than robbing americans of their common sense. Who in their right mind would pay private school prices to go to a for profit school? For profit college...you pay = you're accepted!!