Kaplan's friends at Guild Education... https://www.bloomberg.com/features/2021-free-college-through-tuition-assistance-guild/ https://www.highereducationinquirer.org/2021/04/guild-education.html
Care to take a guess what the Purdue University Global numbers will look like?
In 2014, the 5-year student loan default rate at Kaplan University was 53 percent and accumulated student loan debt was $6.6 billion. Imagine what the numbers look like now for Purdue University Global. ... — read more
This Graham Holdings Company-Purdue Global situation really is a racket. Purdue still owes Kaplan $113 million but GHC can write it off their taxes. The US government has to pay for this mess, first with the CARES Act money, then with the money... — read more
"The school that systematically misleads students or enrolls those who don't have the capability of succeeding is unlikely to last long. It will have a difficult time making money, and it will build problematic word of mouth in the community in which... — read more
Purdue University Global (aka Kaplan)... https://www.thelayoff.com/t/1dpDWE6i
Who says tax status doesn't matter... https://www.republicreport.org/2021/ftc-announces-crackdown-on-predatory-college-abuses/
"If you want to pay more and get less go to a for-profit school like DeVry, the University of Phoenix, or Purdue Global." https://www.chronicle.com/article/the-great-masters-degree-swindle
Like KHE? https://www.youtube.com/watch?v=chDzSVACpf0&list=PLObvln1-MJdS8xQVjAdV7RnrLwrfdJ7r4&index=22
Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true
Interesting numbers. Revenues have dropped every year. Good thing Purdue Global got $40 million in free money. https://philonedtech.com/purdue-global-fy20-financials-show-online-school-getting-closer-to-break-even/
Oh that's a lawsuit just waiting to happen.
Tell me how you feel about this. http://collegemeltdown.blogspotcom/2020/11/a-letter-to-us-department-of-education.html
"Now more recently, organizations like Ashford thru Arizona, GCU, and Kaplan through Purdue Global have in housed their own subprime appointment factories. Not having first hand information, I would still unequivocally say these operations have not... — read more
More financial losses and changes in leadership: Chancellor, Provost, Dean of Nursing.
"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
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
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
Purdue University Global Inc. FY 2019 numbers look horrible. Net operation loss of -133,416,000 Net assets are -26,591,000 Non-operating revenues 90,108,000 (presu Check out the balance sheets on pp... — read more
Several people in higher education have compared an Ashford University deal with a state university to the Kaplan Higher Education-Purdue University Global deal. And does sound like AU may have several suitors. So what has happened to Kaplan... — read more
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
Looks like the Purdue Global deal is a bust. Check out the latest analysis in Forbes.
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
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
"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
"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
"Following the acquisition, all Kaplan faculty became Purdue Global faculty which now include approximately 320 full-time faculty and 1,590 part-time faculty."
Now that Purdue University Global has taken over, how is everything going? Are work conditions better since the change in ownership? Are students happier? Is the quality of instruction better? Is it good that campuses have been closed? Are the... — read more
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
"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
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
How difficult is it for ED to put the data for Kaplan University online into College Scorecard? They have been dragging their feet for a year. They can put all the other campuses up, even the ones that are closed or closing... — read more
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
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
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
"Recently, I visited the chat that Purdue University Global uses to enroll students, and what I found was extremely disturbing. Not only did they use the Purdue University history, but also its world-class reputation to sell the school. One... — read more