Increasingly, these professors are moonlighting from faculty jobs at other schools or professional careers in the fields that they teach. They're being hired to develop courses, and sometimes they've been hired to offer these courses online. So suddenly we have a conflict of commitment for our faculty. According to Graduate School of America President Bruce Francis, the school has ten full-time faculty and forty adjuncts, a typical arrangement for online schools. They bring professional knowledge to their teaching, and that's a strength.
Online entrepreneurs are familiar with such reservations.
There is nothing bad about making a profit in education as long as it is kept separate from educational decision-making as we do. It is managed like a business and governed like a university. I don't see a conflict. The University of Phoenix earned accreditation in 1978. Since then, it has grown to more than fifty campuses and is the largest private university in the country.