He added, "Due to absence and inability of teachers to handle the students properly, dropout rate of students in rural areas is higher than urban centers".
For-profit colleges have been under fire in recent years for high dropout rates and saddling students with significant debt, but these two have held up better than most.
Shaw feels students need more rigorous majors to prepare them for the job market, but the late college dropout Steve Jobs pointed to a calligraphy class that he audited as one of his major commercial inspirations.