For-profit institutions are educational organizations that operate with the primary goal of generating profit for their owners or shareholders. These institutions often charge tuition fees and may offer a variety of programs, including vocational training, associate degrees, and bachelor's degrees. They can be found in various sectors, including online education and traditional classroom settings. Unlike non-profit institutions, which reinvest surplus revenue into the school, for-profit institutions distribute profits to investors. This model can lead to a focus on enrollment numbers and marketing strategies to attract students. Examples of for-profit institutions include University of Phoenix and DeVry University.