The article examines the recent growth off or-profit higher education in th
e United States with a special emphasis on teacher education. Recent increa
sed interest in for-profit education accompanied by the availability of ven
ture capital has focused discussion and debate on this growing segment of A
merican education. Supporters off or-profit education point to the benefits
that accrue from competition in a free market scenario, most importantly,
the improvement of education and potential reduction in costs. Educators ar
gue that public schools and universities play a critical role in a democrat
ic society by providing education for citizenship and access to opportunity
-functions rarely addressed by for-profit firms. At the higher education le
vel,for-profit universities are beginning to offer teacher education progra
ms specifically designed to meet state requirements only. The article concl
udes with a discussion of the implications of these developments for tradit
ional colleges and universities.