For-Profit College Becomes a 'Public-Benefit Corporation'

Rasmussen College, based in Minnesota, has recently made a transition from a traditional for-profit corporation to a public-benefit corporation, a move that college officials say will increase transparency, accountability, and public service throughout the communities the institution serves.

Read more at The Chronicle of Higher Education: http://chronicle.com/article/For-Profit-College-Becomes-a/144149/?cid=at&utm_source=at&utm_medium=en