Thread regarding Kaplan University layoffs

Education Corporation of America

ECA bought all 38 Kaplan College campuses, But Kaplan will have "preferred equity interest" in ECA.

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Post ID: @OP+A2Oa2GE

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New ownership and consolidation. And since Kaplan lost $12.5 million they will have to cut costs. The most obvious cost reductions would be campus closings and reducing labor costs..... https://www.insidehighered.com/quicktakes/2015/02/13/education-corp-buys-38-kaplan-college-campuses

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Post ID: @tKz+A2Oa2GE

What does this even mean?

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Post ID: @CGk+A2Oa2GE

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