Thread regarding Kaplan University layoffs

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 fee. In addition, Kaplan has a $20.0 million long-term receivable balance due from Purdue Global at September 30, 2019, related to the initial KU Transaction."

https://www.sec.gov/ix?doc=/Archives/edgar/data/104889/000010488919000037/a2019q310-q.htm

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