The private colleges must rely on endowment income and private and corporate gifts. The answer is simple yet surprising. Less than a third of the students currently enrolled in ICFM colleges pay full tuition. When that happens, students must withdraw. Supporting independent higher education is a sound business investment.
Private colleges embody the principles of free enterprise in their manner of operation.
They promote freedom of thought and expression, and by their existence, they allow the college-bound student a real choice in educational experience. The competition of private sector schools makes the public institutions better. Business support also encourages the graduation of more than 3,000 potential employees each year These individuals come from diverse backgrounds and offer wide ranging talents but share a common tradition of individualized, personalized learning in a setting of the college as community.