Find all School-related info fast with the new School-Specific MBA Forum

It is currently 12 Jul 2014, 01:13

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

For-profit colleges serve far fewer students than either

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
2 KUDOS received
Manager
Manager
avatar
Affiliations: CFA Level 2 Candidate
Joined: 29 Jun 2009
Posts: 223
Schools: RD 2: Darden Class of 2012
Followers: 3

Kudos [?]: 40 [2] , given: 2

GMAT Tests User
For-profit colleges serve far fewer students than either [#permalink] New post 14 Oct 2009, 05:37
2
This post received
KUDOS
3
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  5% (low)

Question Stats:

58% (02:14) correct 41% (02:03) wrong based on 96 sessions
For-profit colleges serve far fewer students than either public or private non-profit colleges. At the same time, relative to non-profit colleges, for-profit colleges draw a disproportionate share of federal and state financial aid, such as tuition grants and guaranteed loans, for their students. It must be, then, that for-profit colleges enroll a greater proportion of financially disadvantaged students than do non-profit colleges.

The conclusion above depends on which of the following assumptions?

A. Public non-profit colleges and private non-profit colleges enroll a similar proportion of financially disadvantaged students.
B. For-profit colleges do not engage in fraudulent practices in helping their students obtain unneeded federal and state financial aid.
C. The number of students receiving federal and state financial aid at for-profit colleges is greater than the number of students receiving federal and state financial aid at non-profit colleges.
D. For-profit colleges are of similar educational quality as non-profit colleges.
E. The majority of students at for-profit colleges do not default on repayment of their loans after they complete college.
Manager
Manager
avatar
Joined: 28 Jul 2009
Posts: 126
Location: India
Schools: NUS, NTU, SMU, AGSM, Melbourne School of Business
Followers: 6

Kudos [?]: 52 [0], given: 12

GMAT Tests User
Re: Wed Q3 - College Debate [#permalink] New post 14 Oct 2009, 11:28
hogann wrote:
For-profit colleges serve far fewer students than either public or private non-profit colleges. At the same time, relative to non-profit colleges, for-profit colleges draw a disproportionate share of federal and state financial aid, such as tuition grants and guaranteed loans, for their students. It must be, then, that for-profit colleges enroll a greater proportion of financially disadvantaged students than do non-profit colleges.

The conclusion above depends on which of the following assumptions?

A. Public non-profit colleges and private non-profit colleges enroll a similar proportion of financially disadvantaged students.
B. For-profit colleges do not engage in fraudulent practices in helping their students obtain unneeded federal and state financial aid.
C. The number of students receiving federal and state financial aid at for-profit colleges is greater than the number of students receiving federal and state financial aid at non-profit colleges.
D. For-profit colleges are of similar educational quality as non-profit colleges.
E. The majority of students at for-profit colleges do not default on repayment of their loans after they complete college.


I hate Assumption Questions :|
but I will still give it a shot..
Since its an assumption question, the answer should be within the scope of argument and something related to either premises or conclusion.
B, D and E - Out of scope
A) and C) Within scope however C is something already given in the argument.

Hence, my choice is A.
Whats the OA and OE?!
_________________

GMAT offended me. Now, its my turn!
Will do anything for Kudos! Please feel free to give one. :)

Manager
Manager
avatar
Joined: 08 Oct 2009
Posts: 67
Followers: 1

Kudos [?]: 17 [0], given: 5

Re: Wed Q3 - College Debate [#permalink] New post 14 Oct 2009, 13:33
I vote for [B].
If a for-profit college was engaging in fraudulent practices to get financial aid for its students, the students may be getting these loans in spite of not needing them. This would weaken the authors conclusion that for-profit colleges enroll a greater # of financially disadvantaged students.
Director
Director
User avatar
Joined: 01 Apr 2008
Posts: 911
Schools: IIM Lucknow (IPMX) - Class of 2014
Followers: 13

Kudos [?]: 185 [0], given: 18

GMAT Tests User
Re: Wed Q3 - College Debate [#permalink] New post 14 Oct 2009, 18:40
+1 for B.
Negate B: If for-profit schools engage in frauds by getting unneeded aid, then the conclusion that proportion of disadvantaged students is more falls apart, because, the aid is not proportional to the actual number of students.
Manager
Manager
avatar
Affiliations: CFA Level 2 Candidate
Joined: 29 Jun 2009
Posts: 223
Schools: RD 2: Darden Class of 2012
Followers: 3

Kudos [?]: 40 [0], given: 2

GMAT Tests User
Re: Wed Q3 - College Debate [#permalink] New post 15 Oct 2009, 07:19
OA is B

One alternative reason that might explain the disproportionate aid distribution is that for-profit colleges engaged in fraudulent practices to obtain unneeded financial assistance for their students.

This answer choice asserts that this was NOT in fact the case
2 KUDOS received
Senior Manager
Senior Manager
avatar
Joined: 30 Nov 2008
Posts: 494
Schools: Fuqua
Followers: 10

Kudos [?]: 116 [2] , given: 15

GMAT Tests User
Re: Wed Q3 - College Debate [#permalink] New post 15 Oct 2009, 13:41
2
This post received
KUDOS
Here is how I tried solving it.

Conclusion of the argument - It must be, then, that for-profit colleges enroll a greater proportion of financially disadvantaged students than do non-profit colleges.

The conclusion is made based on facts provided between For-profit colleges and Non-profit colleges. Following are the facts that were provided.

1) For-profit colleges have fewer students then Non-profit colleges.
2) For-profit colleges receive more money in the form of federal and state financial aid.

Based on the above facts the argument is concluded as “For-profit colleges enroll more students who are financially weak than non-profit colleges do.

For assumptions questions, one trick is the answer should tie together the facts stated and the conclusion.

Fewer students, more aid --> more students who are financially week.

Now look at the ans choices.

1. The argument is comparing the For-Profit and Non-profit colleges. Not the public and private colleges. Rule this option out.
2. This is in some way tying all the pieces in the argument (atleast you are seeing all the critical words – aid, students…..possible ans.
3. This is also in some way tying all the pieces of the argument (key words being students, aid.). But the problem with this choice is that it is restating the conclusion. Students from for-profit colleges who are receiving aid is greater than students from non-profit colleges. So rule out this option also. An assumption cannot restate the conclusion.
4. Educational quality is of no relevance with the conclusion. Rule out this option.
5. Students defaulting their loans after the completion of the college is not relevant to the conclusion. Rule out this option.

So my ans will be B.
VP
VP
avatar
Status: There is always something new !!
Affiliations: PMI,QAI Global,eXampleCG
Joined: 08 May 2009
Posts: 1365
Followers: 10

Kudos [?]: 130 [0], given: 10

GMAT Tests User
Re: Wed Q3 - College Debate [#permalink] New post 13 May 2011, 03:15
Negating B floors the conclusion.
_________________

Visit -- http://www.sustainable-sphere.com/
Promote Green Business,Sustainable Living and Green Earth !!

Manager
Manager
User avatar
Joined: 26 Jul 2010
Posts: 91
Location: india
Schools: isb
WE 1: 8 years
Followers: 4

Kudos [?]: 14 [0], given: 5

CAT Tests
Re: Wed Q3 - College Debate [#permalink] New post 18 May 2011, 07:13
negate b

b is the answer
_________________

lets start again

Manager
Manager
avatar
Joined: 16 Aug 2011
Posts: 98
Followers: 0

Kudos [?]: 1 [0], given: 3

Re: For-profit colleges serve far fewer students than either [#permalink] New post 16 Nov 2011, 22:41
B
Director
Director
avatar
Joined: 28 Jul 2011
Posts: 583
Location: United States
Concentration: International Business, General Management
GPA: 3.86
WE: Accounting (Commercial Banking)
Followers: 1

Kudos [?]: 34 [0], given: 16

GMAT Tests User
Re: For-profit colleges serve far fewer students than either [#permalink] New post 16 Nov 2011, 22:57
i agree with B

But can someone explain why not E?

Because if the students do not pay the loan then the for -profit organization would go into debts and it is a disadvantage for for -profit organization
_________________

+1 Kudos If found helpful..

Verbal Forum Moderator
Verbal Forum Moderator
User avatar
Status: Flying over the cloud!
Joined: 16 Aug 2011
Posts: 790
Location: Viet Nam
Concentration: International Business, Marketing
GMAT Date: 06-06-2014
GPA: 3.07
Followers: 32

Kudos [?]: 151 [0], given: 37

GMAT ToolKit User Premium Member CAT Tests
Re: For-profit colleges serve far fewer students than either [#permalink] New post 17 Nov 2011, 00:01
E truly do not talk about financial aid from federal and state, and I try negating it. It do not make sense of weakening the argument. So why E is wrong.
_________________

Rules for posting in verbal gmat forum, read it before posting anything in verbal forum
Giving me + 1 kudos if my post is valuable with you :)

Senior Manager
Senior Manager
avatar
Status: D-Day is on February 10th. and I am not stressed
Affiliations: American Management association, American Association of financial accountants
Joined: 12 Apr 2011
Posts: 275
Location: Kuwait
Schools: Columbia university
Followers: 4

Kudos [?]: 29 [0], given: 52

GMAT Tests User
Re: For-profit colleges serve far fewer students than either [#permalink] New post 17 Nov 2011, 14:01
can't understand why D is wrong?
_________________

Sky is the limit

Director
Director
avatar
Status: Preparing for the 4th time -:(
Joined: 25 Jun 2011
Posts: 563
Location: United Kingdom
Concentration: International Business, Strategy
GMAT Date: 06-22-2012
GPA: 2.9
WE: Information Technology (Consulting)
Followers: 12

Kudos [?]: 213 [0], given: 217

GMAT Tests User
Re: For-profit colleges serve far fewer students than either [#permalink] New post 17 Nov 2011, 14:59
D is out of scope.
_________________

Best Regards,
E.

MGMAT 1 --> 530
MGMAT 2--> 640
MGMAT 3 ---> 610 :-(

Senior Manager
Senior Manager
avatar
Joined: 12 Oct 2011
Posts: 276
Followers: 0

Kudos [?]: 20 [0], given: 110

Re: For-profit colleges serve far fewer students than either [#permalink] New post 23 Dec 2011, 07:11
Clearly B.
It is the one that joins all the dots.
_________________

Consider KUDOS if you feel the effort's worth it

Manager
Manager
User avatar
Joined: 07 Aug 2011
Posts: 186
Location: United States
Concentration: Technology, International Business
GMAT 1: 690 Q48 V37
Followers: 3

Kudos [?]: 20 [0], given: 6

GMAT Tests User
Re: For-profit colleges serve far fewer students than either [#permalink] New post 26 Dec 2011, 04:50
D and E both are out of context
has to be B
Manager
Manager
avatar
Joined: 14 Nov 2008
Posts: 70
Followers: 2

Kudos [?]: 14 [0], given: 1

Re: For-profit colleges serve far fewer students than either [#permalink] New post 30 Aug 2013, 06:39
The argument concludes that for-profit colleges enroll a greater proportion of
financially disadvantaged students than do non-profit colleges. This conclusion is
based on the fact that students at for-profit colleges draw a disproportionate
share of federal and state financial aid. The argument assumes a link between
the proportion of aid received and the proportion of financially disadvantaged
students enrolled. In so doing, it assumes that there are not other possible
reasons for the disproportionate aid distribution.
(A) The conclusion makes a claim about the differences between for-profit and
non-profit colleges. Differences among non-profit colleges – such as public vs.
private – are irrelevant to the argument.
(B) CORRECT. One alternative reason that might explain the disproportionate
aid distribution is that for-profit colleges engaged in fraudulent practices to obtain
unneeded financial assistance for their students. If this were true, then much of
the aid was distributed based not on the actual financial situation of the students
but on the ability of colleges to defraud federal and state governments. This
answer choice asserts that this was NOT in fact the case, thereby eliminating this
alternative explanation and highlighting a key assumption upon which the
argument rests.
(C) The argument's claim is centered on proportions. The actual number of
students receiving aid at for-profit vs. non-profit colleges is irrelevant to the
conclusion.
(D) The relative educational quality of for-profit vs. non-profit colleges lies outside
the scope of the argument, which is focused solely on differences in financial aid
distribution.
(E) The issue addressed by the argument is the amount of financial aid
distributed to students at two types of institutions. Whether students successfully
repay their loans after college is immaterial to the claim made in the argument.
Re: For-profit colleges serve far fewer students than either   [#permalink] 30 Aug 2013, 06:39
    Similar topics Author Replies Last post
Similar
Topics:
13 Experts publish their posts in the topic For-profit Social Organizations serve far fewer citizens Vercules 14 14 Mar 2013, 20:24
For-profit colleges serve far fewer students than either ashiima 2 03 Dec 2011, 16:20
For-profit colleges serve far fewer students than either applecrisp 5 08 Dec 2007, 20:46
There are far fewer children available for adoption than nakib77 8 30 Oct 2005, 12:34
There are far fewer children available for adoption than gmacvik 9 14 Oct 2005, 16:33
Display posts from previous: Sort by

For-profit colleges serve far fewer students than either

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.