What is Walden actually producing? https://www.highereducationinquirer.org/2024/09/wealth-and-want-part-4-robocolleges-and.html
Walden U Will Pay $28.5 Million to Settle Claims It Deceived Black and Female Students
https://www.republicreport.org/2024/walden-u-will-pay-28-5-million-to-settle-claims-it-deceived-black-and-female-students/
Where there is smoke...
Let's see who's telling the truth. I'm thinking it's not Adtalem https://investors.adtalem.com/press-releases/press-releases-details/2024/Adtalem-Global-Education-Counters-Safkhet-Capital-Report/default.aspx
Robocollege update
Here are the most recent numbers from the US Department of Education College Navigator: American Intercontinental University: 89 full-time instructors for 14,333 students. American Public University System has 332 F/T instructors for 48,688... — read more
How's Linda?
https://www.foxnews.com/media/walden-university-new-ai-digital-human-linda-analyzes-student-gestures-talks-emotes
"Graduate Degrees That Leave You Deeper In Debt"
Walden at the top of the list. https://www.forbes.com/sites/michaeltnietzel/2023/08/03/graduate-degrees-that-leave-you-deeper-in-debt/?sh=2d2c26bfd41b
Robocolleges, Artificial Intelligence, and the Dehumanization of Higher Education
https://www.highereducationinquirer.org/2023/05/robocolleges-artificial-intelligence.html
Borrower Defense Claims Surpass 750,000. Consumers Empowered. Subprime Colleges and Programs Threatened.
As of January 2023, there are more than ¾ of a million Borrower Defense claims against schools. And each month, about 16,000 new claims are added. Those claims are disproportionately made against a number of for-profit colleges and formerly... — read more
People's Rally for Student Debt Cancellation to be held outside Supreme Court, February 28, 2023
https://www.highereducationinquirer.org/2023/02/peoples-rally-for-student-debt.html
Enrollment down profits up
https://seekingalpha.com/article/4575002-adtalem-global-education-inc-2023-q2-results-earnings-call-presentation
Horrifying dataset
See how many Walden programs would be considered low value programs. The link to the dataset is at the bottom of the article. https://robertkelchen.com/2023/01/19/sharing-a-dataset-of-program-level-debt-and-earnings-outcomes/
Adtalem CEO Fireside Chat
SB, president and chief executive officer of Adtalem, will take part in a fireside chat with analysts and investors at BMO’s 2022 Growth & ESG... — read more
The future of higher education
Just in case you forgot what business you're in... https://collegeviability.com/blog/f/interview-with-dahn-shaulis---higher-education-inquirer
"Be the change you're looking for"
https://www.linkedin.com/posts/walden-university_join-waldens-mission-of-social-change-and-activity-6971181878011670528-Y3SB?utm_source=share&utm_medium=member_android
"Soul Machines Partners with Adtalem Global Education to Launch Digital Person that Reimagines the Future of Health Care Career Development"
"Soul Machines, the groundbreaking company pioneering the creation of autonomously animated Digital People, has partnered with Adtalem Global Education, a leading health care education company, to launch Linda, a Digital Person that reimagines health... — read more
The Promise and Possible Perils of Online Postsecondary Education (Caroline Hoxby)
https://www.nber.org/system/files/chapters/c13709/c13709.pdf "This study attempts a fairly comprehensive examination of online postsecondary education and its effects on students’ later earnings and job outcomes. It also calculates ROIs. On the... — read more
Sweet v Cardona
How many Borrower Defense claims have been made against Walden University? https://predatorystudentlending.org/cases/sweet-v-devos/
New Walden President
Worked for McKinsey...https://www.marketwatch.com/press-release/adtalem-global-education-appoints-michael-betz-as-president-of-walden-university-2022-05-23
Lawsuit Charges For-Profit University Preyed on Black and Female Students
https://www.nytimes.com/2022/04/08/us/politics/walden-university-lawsuit.html
Walden enrollment down
1% drop in total enrollment 3% decline for new students https://static.seekingalpha.com/uploads/sa_presentations/186/79186/original.pdf
What happens to all the Walden students that end up with insurmountable debt?
The end up as lifelong customers of Maximus. https://www.highereducationinquirer.org/2022/01/maximus-student-loan-debt-and-poverty.html
Student loan debt numbers
In 2014, Walden University's student debt numbers were horrible. What do the numbers look like now? https://www.highereducationinquirer.org/2021/11/more-transparency-about-student-debt.html
"Education for Good"
That's what the ads say...but so many have crippling debt.
FTC Warning
"The Federal Trade Commission this morning announced a new initiative to combat deceptive and unfair practices in the for-profit higher education industry. At a press conference, FTC Commissioner Rohit Chopra and Bureau of Consumer Protection... — read more
Sale to Adtalem completed
"The transaction, which closed on the terms previously disclosed, resulted from Laureate's efforts to explore strategic alternatives for each of its businesses in order to unlock shareholder value... — read more
Definitely not a love letter
"Despite the tremendous opportunity at the Company, we have serious concerns about the ability of the Board of Directors (the “Board”) and management team to realize the Company’s true potential, allocate capital appropriately, and capitalize on its... — read more
Debt Sentence
Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. Can you feel it? Do you feel any guilt at all... — read more
Synergies?
Let me provide a brief update on our planned acquisition of Walden University. We remain enthusiastic about the complementary programs and online capabilities that brings to Adtalem. The acquisition of Walden University plays an important role in... — read more
"Activist investors urge Adtalem to pull plug on Walden U purchase"
"Two investment firms, Engine Capital and Hawk Ridge Partners, wrote in an open letter dated Thursday that they were "severely disappointed" with the board's decision to purchase Walden, calling the college a 'substantially inferior... — read more
New Federal Legislation Protects Veterans From Predatory Schools
https://vetsedsuccess.org/veterans-education-success-hails-unanimous-passage-of-landmark-legislation-to-protect-student-veterans-and-ensure-better-oversight-of-gi-bill-colleges/ “This landmark legislation expands student veterans’ protections and... — read more
Justice Department Probe
"The U.S. Department of Justice is investigating Walden University, an online for-profit college, over allegations it misrepresented aspects of a nursing program to students and an accreditor, according to an SEC filing....The company has launched... — read more
The lowest-paid workers in higher education are suffering the ...
And some of the lowest-paid workers in higher education are bearing the brunt of the layoffs, mirroring broader trends of the most unequal recession in... — read more
Laureate Rewards Club
Someone's making out like a bandit. https://www.insidehighered.com/quicktakes/2020/11/16/laureate-execs-set-receive-large-payouts-after-sale-college
Student X
Tell me how you feel about this. http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html
The College Dream is Over
https://collegemeltdown.blogspot.com/2020/10/the-college-dream-is-over-gary-roth.html
Walden sold off to Adtalem
https://www.marketwatch.com/press-release/laureate-education-to-sell-walden-university-to-adtalem-global-education-2020-09-11?tesla=y
Student loan volume down 48 percent at Walden
https://tcf.org/content/commentary/student-loans-plummeted-summer-term/?agreed=1&session=1
More rumblings in the annual report
Sounds like almost anything can happen to "unlock shareholder value." https://www.thelayoff.com/t/13ID4qxC#replies
Higher ed assembly line
"Walden University has 206 full-time instructors for more than 50,000 students." https://collegemeltdown.blogspot.com/2019/12/the-higher-education-assembly-line.html