Net operating loss of $100M for FY 2022. Decreased operating revenues ($360M) Increased expenses ($460M) Nonoperating revenues up to $110M (from $62M) Net position -$32M (improved from -42M) See page 82-83... — read more
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
World Class?
Oh that's a lawsuit just waiting to happen.
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
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
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
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
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
Purdue Global closing at least three ground campuses
Omaha, Nebraska and Cedar Falls and Mason City, Iowa.
Is Purdue Global spending hundreds of thousands of dollars on QuinStreet predatory lead generator?
Good investment? https://www.thelayoff.com/t/YZsM9L9
Purdue University Global loses $38M in FY 2018
Who pays for this? https://www.purdue.edu/business/account/pdf/508_FY18-Comprehensive-Final.pdf
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
Education Corporation of America
ECA bought all 38 Kaplan College campuses, But Kaplan will have "preferred equity interest" in ECA.
Purdue Global's Accreditor, the Higher Learning Commission
The system is rigged against consumers. https://www.linkedin.com/pulse/higher-learning-commission-accreditation-sign-quality-dahn-shaulis/
I am a former student of Concord Law School.
It is pretty good law school. I decided to go online after trying a local law school. The local law school was terrible with professors that did not prepare for classes and were not interested in teaching. The bar pass rate is lower than ABA law... — read more
Concord is nothing more than a shell of its former self
Once, Concord was a decent alternative to traditional law schools.....but since it can no longer recruit students from outside of California, and since it therefore laid off 4/5ths of its faculty and staff, it is nothing more than a shell of its... — read more
Kaplan/Purdue Global's Lead Generator QuinStreet in Trouble
Kaplan's lead generator QuinStreet is taking a great deal of heat for their business practices. This includes at least two shareholder lawsuits. https://www.thelayoff.com/quinstreet
Kaplan is now Purdue University Global
WEST LAFAYETTE, Ind.— Purdue University Global is set to launch after receiving final approval from the Higher Learning Commission. Monday’s (March 5) notice of approval was the last step in the regulatory process for the new university, first... — read more
How much money is Kaplan getting from DOD and GI Bill?
Saw a half-page ad for Kaplan University in the 2-26-2018 print edition of Army Times. That must have cost a pretty penny. Is Kaplan still getting many service members and vets?
Harvard Law School and Veterans Education Success Expose Kaplan
From: Veterans Education Success and Harvard Law School Nearly 100 veterans and servicemembers have submitted complaints to Veterans Education Success (“VES”), a non-profit veterans’ organization, about their experiences in Kaplan programs. These... — read more
Concord Law School
How does Concord Law School stay in business with such a low bar pass rate?...................................https://en.wikipedia.org/wiki/Concord_Law_School
Protest being organized against Camden Kid
There is a protest that will take place next Month at Camdens residency. It is a multi school collaboration and details to come. We are in the process of obtaining permits. There will be a Facebook, LinkedIn and Twitter page. More info to come
I am with Kaplan
And I am really surprised that no employee decided to post here - it's very tense here at Kaplan right now and I am puzzled why employees are silent when many other for-profit schools have very active boards here. I am not counting Camden as he posts... — 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."
Kaplan Purdue deal in Forbes
Looks like the Purdue Global deal is a bust. Check out the latest analysis in Forbes.
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
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
Purdue University’s System-wide OPM Contract With Kaplan Higher Ed
https://philonedtech.com/purdue-university-system-wide-opm-contract-with-kaplan/
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 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
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
Continuing decline
More financial losses and changes in leadership: Chancellor, Provost, Dean of Nursing.
Student X
Tell me how you feel about this. http://collegemeltdown.blogspotcom/2020/11/a-letter-to-us-department-of-education.html