Education > Postsecondary > Number Of Institutions > Private, For Profit (vs)
Industry > Nonmetallic mineral product manufacturing > Total cost of materials
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Strength of correlation (R squared): 0.682 (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.
This term refers to direct charges actually paid or payable for items consumed or put into production during the year, including freight charges and other direct charges incurred by the establishment in acquiring these materials. It includes the cost of materials or fuel consumed, whether purchased by the individual establishment from other companies, transferred to it from other establishments of the same company, or withdrawn from inventory during the year.