A profit college is also called a proprietary education.
Step-by-step explanation:
As the name suggests a for-profit college looks to make money by providing education facilities. They are basically private or entrepreneurial organisations.
Most of the resources went to the federally funded schools therefore, the Americans took to private entities for support in providing education to the citizens of the country.
But proprietary schools are easily accessible to the wealthier class of people since their agenda is to make profit through education be colleges or schools.