Kaplan University Layoffs

Topics regarding layoffs at Kaplan University

Purdue Global's numbers

"Put simply, I do not believe that Purdue Global has yet proven itself to be viable in the long term. It is running on IOUs and foregone payments to its OPM partner, Kaplan Higher Education. And it will be very difficult to get to the point of true... —  read more 

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Post ID: @OP+13g4QH0c

Purdue Numbers

Sounds like someone was misleading the Chronicle of Higher Education about Purdue Global's numbers. "Obviously, it's hard to start a brand new university,' she says. Purdue Global’s financial loss this year was due, in part, to nearly $30... —  read more 

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| 185 views | |
Post ID: @OP+13a2GGL1

How the Kaplan deal was profitable to Graham Holdings

Raided the pensions, and used the pension money to downsize? Classy, very classy. "On March 22, 2018, the Company eliminated the accrual of pension benefits for certain Kaplan University employees related to their future service. As a result... —  read more 

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| 158 views | |
Post ID: @OP+137XAmBx

Down the drain...

It's a good thing that GHC has deep pockets. "As of September 30, 2019, Kaplan had a total outstanding accounts receivable balance of $72.3 million from Purdue Global related to amounts due for reimbursements for services and a deferred service... —  read more 

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| 280 views | |
Post ID: @OP+11VxdlNN

More losses. Doubling dowin on PG marketing.

Revenues: Last Quarter $76,288,000 ($85,981,000 in 2018) Last 6 Months $159.068 ($185,811,000 in 2018) Even with cost cutting the margins are tightening Income: Last Quarter $2,721 ($11,219 in 2018) Last 6 Months $4,636 ($12,574 in... —  read more 

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| 450 views | |
Post ID: @OP+10sIPr6L

Another Purdue University Global Scam

How much did it cost for Purdue Global to get them on this list? "The top 3 Master's in Education programs for 2020 are: (1) Texas A&M University, (2) University of Florida, and (3) Purdue University... —  read more 

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| 525 views | |
Post ID: @OP+10pKmyIh

Pur-Don't

"Purdue University is an actual research university and Purdue University Global is not...it's Kaplan University. The same Kaplan University that made headlines for their guerrilla registration practices that dupe students out money. The same Kaplan... —  read more 

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| 428 views | |
Post ID: @OP+10m7Gi8f

Kaplan lays off 50 in Fort Lauderdale

"Kaplan Higher Education in Fort Lauderdale has laid off about 50 workers. The staff reduction “reflects less than five percent of our current Fort Lauderdale workforce of approximately 1,000,” said ______ , spokesman for Kaplan Higher Education, the... —  read more 

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| 580 views | |
Post ID: @OP+109sRIX4

Selling off more assets

PG has already closed or is in the process of closing six campuses. Now what's this story about? It's behind a firewall. https://www.bizjournals.com/southflorida/news/2019/07/08/purdue-university-fort-lauderdale-building-sold.html —  read more 

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| 494 views | |
Post ID: @OP+ZYMKehd

Purdue University Global/KHE gets Trump bailout?

"The U.S. Department of Labor is granting $183.8 million to colleges and their private-sector partners to support training for more than 85,000 apprentices in the health care, advanced manufacturing and information technology fields. Twenty-three... —  read more 

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| 393 views | |
Post ID: @OP+ZLXJebu

The real Purdue has a union

What's stopping Purdue Global from having labor representation, especially if labor and management can work together on educational quality? There are several unions that represent instructors and staff. It's illegal to fire a person for trying to... —  read more 

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| 348 views | |
Post ID: @OP+ZJ188km

KHE is just a symptom

It's sheer madness, perpetuated by big banks and just about everyone else other than Dave Ramsey. https://www.linkedin.com/pulse/college-meltdown-open-letter-ny-fed-dahn-shaulis/?published=t —  read more 

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| 512 views | |
Post ID: @OP+ZuNswZ5

KHE revenues down

Quarterly revenues down 17 percent from 2018, from 99,830,000 to 82,780,000. Guess that explains why ER workers are in 2'X3' cubicles. https://www.sec.gov/Archives/edgar/data/104889/000010488919000019/d10q.htm —  read more 

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| 413 views | |
Post ID: @OP+ZqqdR6S

Doing more harm then good

At what point do Purdue Global employees, including teachers, realize they are doing more harm than good? You may believe you are giving busy working people the chance to advance, but how true is this? Is Purdue Global the best option or even a good... —  read more 

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| 624 views | |
Post ID: @OP+ZoxnMqz

ExcelTrack

Sounds like Purdue Global has problems with ExcelTrack. Does anyone disagree? "Beware the ExcelTrack programs as they have just become a scam. " "Like the person below, the excel track gating was pretty much the last straw for me."... —  read more 

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| 449 views | |
Post ID: @OP+ZgAXepD

Kaplan student condemned to debt

"According to Ms. Dicent, Kaplan lured her into enrolling in Kaplan's online program by using deceptive tactics. She said she had not been informed that she would need 180 hours to graduate, far more hours than a typical four-year degree program... —  read more 

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| 426 views | |
Post ID: @OP+YSiQXMx

Catfished!

Looks like Purdue University Global has been advertising on MTV's "Catfish."

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| 430 views | |
Post ID: @OP+YbM9Gqz

How's the Purdue University Global scam working?

"Kaplan Higher Education's (KHE) steep revenue decline is largely the result of the completed sale of its domestic higher ed business to Purdue University last year. The past 12 months also saw KHE's operating loss widen from $360,000 to $3.4... —  read more 

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| 534 views | |
Post ID: @OP+YbDAOX6

University of Massachusetts joins online schools

"When University of Massachusetts System president Marty Meehan on Monday night announced plans to launch a new online college in the state, higher education observers lit up social media with a range of reactions: excitement, curiosity, puzzlement... —  read more 

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| 443 views | |
Post ID: @OP+XWNBlrf

University Partnerships

What's University Partnerships? https://seekingalpha.com/pr/17286037-brandon-busteed-joins-kaplan-new-role-focusing-university-partnerships —  read more 

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| 633 views | |
Post ID: @OP+VsZe7Ri

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