https://www.purdue.edu/business/account/pdf/508_FY20-Financial-Report-Final.pdf
Topics regarding layoffs at Kaplan University
Student X
Tell me how you feel about this. http://collegemeltdown.blogspotcom/2020/11/a-letter-to-us-department-of-education.html
"Edugrift"
"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
Continuing decline
More financial losses and changes in leadership: Chancellor, Provost, Dean of Nursing.
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
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
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
Purdue University’s System-wide OPM Contract With Kaplan Higher Ed
https://philonedtech.com/purdue-university-system-wide-opm-contract-with-kaplan/
Purdue University Global FY 2019 numbers are horrible
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
Kaplan Higher Education has competition from Ashford University in "race to the bottom"
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
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
More Lower-Cost Degrees, From Purdue, Kaplan and edX (Inside Higher Ed)
https://www.avnetwork.com/news/more-lower-cost-degrees-from-purdue-kaplan-and-edx-inside-higher-ed
Kaplan Purdue deal in Forbes
Looks like the Purdue Global deal is a bust. Check out the latest analysis in Forbes.
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
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
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
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
Is AAUP recruiting Purdue Global professors and adjuncts?
"Following the acquisition, all Kaplan faculty became Purdue Global faculty which now include approximately 320 full-time faculty and 1,590 part-time faculty."
How is the Big Boilermaker doing in making Purdue University Global a "World-Class" institution?
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
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
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
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
ED drags its feet puuting PG online data on College Scorecard
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
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
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
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
Purdue University doubling down with subprime Purdue University Global
"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
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
The words of the CEO are true:
"In the long term, all educational institutions succeed or fail based on their reputations." ASR, p. xxiv in Change.edu
Purdue Global closing at least three ground campuses
Omaha, Nebraska and Cedar Falls and Mason City, Iowa.
The words from the CEO could not be more prophetic...
"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
The words from the CEO could not be more prophetic...
"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
Is Purdue Global spending hundreds of thousands of dollars on QuinStreet predatory lead generator?
Good investment? https://www.thelayoff.com/t/YZsM9L9
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
Kaplan Higher Education continues to defraud servicemembers and veterans
Buying off people in DC and at CCME won't be enough. The advertisements in the Army, Navy, Air Force, and Marine Times are deceptive and misleading. Purdue University Global is not a "world class" institution in any way, shape, or form. At some... — read more
Purdue University Global loses $38M in FY 2018
Who pays for this? https://www.purdue.edu/business/account/pdf/508_FY18-Comprehensive-Final.pdf
Catfished!
Looks like Purdue University Global has been advertising on MTV's "Catfish."
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
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
Former Kaplan schools shutting down
ECA collapses. https://www.thelayoff.com/t/WvJYeoG