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. 76-78.
https://www.purdue.edu/business/account/pdf/508_FY19-Financial-Report-Draft-Blended-FINAL.pdf
"If accurate, this information indicates that Purdue Global likely spent more than $130 million on marketing in FY2019." https://philonedtech.com/postscript-on-purdue-university-global-post/