Title: For Profit and For Good
Subtitle: Walden University 1970 – 2020
Subject Classification:  Education, Business and Management, Corporate Governance  
BIC Classification: JN, KJ, KJR
BISAC Classification: EDU001030, BUS024000, BUS104000
Binding: Hardback, Paperback, eBook
Publication date: 12 Aug 2022
ISBN (Hardback): 978-1-80441-064-6
ISBN (eBook): 978-1-80441-065-3
ISBN (Paperback): 978-1-80441-264-0

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Description

For Profit and For Good opens up for critical examination a sector of higher education that surprisingly is rarely scrutinized in depth: the corporate institutions that have made up the fastest growing sector of US higher education in this century. It explores in detail the development of one such institution, Walden University, from its emergence out of the social turmoil and progressive education movement of the 1960s, through the succeeding decades, characterized by changes on every front. It looks frankly at the impact of these forces on the university’s original mission and describes the university’s response to them. It investigates the idea of whether the resources and incentives of being for-profit have changed higher education in a way that benefits not only investors but also learners, their workplaces, and the larger community. Business models of management, technological developments, and changes in an ever-evolving society are issues every university faces and seeing how this institution grappled with them will be instructive. Fundamentally, this book addresses the essential ethical question of whether the for-profit sector in higher education adds value, and, if so, what that added value might be. This book will be of interest to researchers and students of the history of education, alternatives in higher education, the economics of education, education administration, reform and new developments in higher education, online learning, and policy studies in education. It is also relevant for policy makers and other managers in edubusiness.

Biography

Author(s):  Dr. Iris M. Yob is Emerita Faculty at Walden University, Minnesota, USA, and consults with the University on social change innovations.

Reviews

"In her excellent book, For Profit and For Good, Iris Yob weaves together the story of 50 years of Walden University from the founding by two progressive teachers in 1970 through its development as one of the best-known examples of today’s corporate higher education “edubusiness” sector. Dr. Yob lived within Walden for many years, starting as contract faculty and moving to full-time administrative positions. She draws on this lived experience as well as interviews with most of the major players who fostered the transition to tell the story of one institution’s journey, with a mission to promote social change, to find a balance between for profit and for good. For Walden, according to Yob, success has centered around access to post-secondary education for adults, andragogy as a guiding philosophy for facilitating learning, and a culture fostering agency for learners. In addition to the history of one institution, the narrative incorporates examples, challenges and literature of the larger story of the development of corporate higher education."
- Henry S. Merrill, Associate Professor Emeritus, School of Education, Indiana University