Education > Postsecondary > Number Of Institutions > Private, For Profit (vs)
Economy > GSP > Compensation of Employees > Nonmetallic mineral product manufacturing
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Strength of correlation (R squared): 0.694 (this correlation is potentially significant)
This is the count of private, for-profit, postsecondary institutions that are eligible for Title IV federal financial-aid programs and grant an associate's or higher degree. For an institution to be eligible to participate in Title IV financial-aid programs it must offer a program of at least 300 clock hours in length, have accreditation recognized by the U.S. Department of Education, have been in business for at least 2 years, and have signed a participation agreement with the Department. A private, for-profit institution is one in which the individual(s) or agency in control receives compensation other than wages, rent, or other expenses for the assumption of risk.
Nonmetallic mineral product manufacturing, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.
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