A private post-secondary institution is defined as a post-secondary school owned and operated by private entities and not necessarily for profit.

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Multiple Choice

A private post-secondary institution is defined as a post-secondary school owned and operated by private entities and not necessarily for profit.

Explanation:
Ownership and profit orientation are separate factors in post-secondary education. Private post-secondary institutions are owned and operated by private entities rather than the government. The phrase “not necessarily for profit” is key: private schools can be nonprofit or for-profit, so profit status does not determine whether an institution is private. Public schools, by contrast, are government-owned. With that distinction in mind, the statement describes private post-secondary institutions accurately.

Ownership and profit orientation are separate factors in post-secondary education. Private post-secondary institutions are owned and operated by private entities rather than the government. The phrase “not necessarily for profit” is key: private schools can be nonprofit or for-profit, so profit status does not determine whether an institution is private. Public schools, by contrast, are government-owned. With that distinction in mind, the statement describes private post-secondary institutions accurately.

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