Topics regarding layoffs at Kaplan University

Topics regarding layoffs at Kaplan University

Purdue Global continues to lose money...

...and it owes KHE $127.8M https://www.sec.gov/ix?doc=/Archives/edgar/data/104889/000010488923000064/ghc-20230930.htm https://www.purdue.edu/treasurer/finance/wp-content/uploads/2023/12/FY-2023-Annual-Financial-Report.pdf

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Post ID: @OP+1pY1QA2K

Keeping the propaganda going...

WEST LAFAYETTE, Ind. — Perhaps no television talk show is more appropriate for Purdue Global than “The Balancing Act.” After all, Purdue Global students – adult learners – stand out for their ability to successfully take classes while also holding... — read more 

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Post ID: @OP+1lcaTOFl

1449 Borrower Defense Claims

"On May 6, 2021, Kaplan received a notice from the Department of Education (ED) that it would be conducting a fact-finding process pursuant to the borrower defense to repayment (BDTR) regulations to determine the validity of more than 800 BDTR claims... — read more 

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Post ID: @OP+1jX6FoKJ

Purdue and Purdon't Marketed Together

“The excellence and ideals that led Fast Company to recognize Purdue University for a second year come to life in Purdue Global,” said Frank Dooley, chancellor of Purdue Global. “Beginning with the expansion of Ethan Braden’s portfolio to lead... — read more 

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Post ID: @OP+1jrHaXgu

Sweet v Cardona

https://predatorystudentlending.org/cases/sweet-v-devos/ https://www.businessinsider.com/personal-finance/student-debt-cancelled-sweet-cardona-settlement-2022-6

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Post ID: @OP+1hWFN4Ch

Lose-Win Situation

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 

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Post ID: @OP+1dIyAKPP

From the CEO...

"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 

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| 1287 views | | 2 replies (last October 25, 2021)
Post ID: @OP+1dtMvUu4

The Great Master's Degree Swindle

"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

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Post ID: @OP+1cdHqMzt

Debt Sentence

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

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Post ID: @OP+1bGthFpV

Purdue Global Turning the Corner?

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/

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Post ID: @OP+1bgoZUNL

Student X

Tell me how you feel about this. http://collegemeltdown.blogspotcom/2020/11/a-letter-to-us-department-of-education.html

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Post ID: @OP+17TrTLCs

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