How's business? https://www.highereducationinquirer.org/2024/09/wealth-and-want-part-4-robocolleges-and.html

Scam...https://adage.com/article/marketing-news-strategy/guild-and-purdue-global-provide-higher-education-opportunities-team-usa-athletes/2564131

Should be interesting.

https://www.republicreport.org/2024/predatory-colleges-converted-to-non-profit-are-failing/

https://www.forbes.com/sites/dereknewton/2023/12/17/purdue-global-owes-128-million-to-its-for-profit-partner-it-may-not-be-able-to-pay/?sh=2b41afdf7998

https://www.purdue.edu/newsroom/releases/2023/Q4/purdue-global-announced-as-presenting-sponsor-for-2023-24-purdue-mens-and-womens-basketball-seasons.html

...and it owes KHE $127.8M https://www.sec.gov/ix?doc=/Archives/edgar/data/104889/000010488923000064/ghc-20230930.htm https://www.purdue.edu/treasurer/finance/wp-content/uploads/2023/12/FY-2023-Annual-Financial-Report.pdf

https://seekingalpha.com/article/4641046-graham-holdings-company-good-business-culture-poor-business-execution

https://www.insidehighered.com/opinion/views/2023/06/29/are-we-losing-public-public-higher-ed-opinion

https://www.highereducationinquirer.org/2023/05/robocolleges-artificial-intelligence.html

https://www.edifyonline.com/

https://www.highereducationinquirer.org/2023/04/edtech-meltdown-grows-beyond-silicon.html

"Colleges and universities that contract with an online program management company need to submit details about those arrangements by May 1." https://www.insidehighered.com/news/2023/02/16/education-department-review-rules-online-program-providers — read more 

WEST LAFAYETTE, Ind. — Perhaps no television talk show is more appropriate for Purdue Global than “The Balancing Act.” After all, Purdue Global students – adult learners – stand out for their ability to successfully take classes while also holding... — read more 

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 

"On May 6, 2021, Kaplan received a notice from the Department of Education (ED) that it would be conducting a fact-finding process pursuant to the borrower defense to repayment (BDTR) regulations to determine the validity of more than 800 BDTR claims... — read more 

“The excellence and ideals that led Fast Company to recognize Purdue University for a second year come to life in Purdue Global,” said Frank Dooley, chancellor of Purdue Global. “Beginning with the expansion of Ethan Braden’s portfolio to lead... — read more 

https://www.sec.gov/edgar/browse/?CIK=104889&owner=exclude And the (real) Purdue University Annual Report...

https://www.highereducationinquirer.org/2022/09/state-universities-and-college-meltdown.html

"Higher Education includes the results of Kaplan as a service provider to higher education institutions. In the second quarter and first six months of 2022, Higher Education revenue declined 7% and 4%, respectively, due largely to lower costs... — read more 

"In 2015, Corinthian Colleges and Le Cordon Bleu went out of business. A year later ITT Tech closed all of its doors. The Art Institutes also closed dozens of campuses. In 2018, Virginia College campuses closed, and Kaplan Higher Education sold its... — read more 

https://predatorystudentlending.org/cases/sweet-v-devos/ https://www.businessinsider.com/personal-finance/student-debt-cancelled-sweet-cardona-settlement-2022-6

What more can I say?

They end up as lifelong customers of Maximus. https://www.highereducationinquirer.org/2022/01/maximus-student-loan-debt-and-poverty.html

https://www.warren.senate.gov/imo/media/doc/2022.01.14%20Follow%20up%20letter%20to%20Online%20Program%20Managers%20(OPMs)_.pdf

Kaplan's friends at Guild Education... https://www.bloomberg.com/features/2021-free-college-through-tuition-assistance-guild/ https://www.highereducationinquirer.org/2021/04/guild-education.html

https://www.purdue.edu/business/account/FY2021%20Purdue%20Financial%20Report%20-%20Final%2011.29.21%20ADA.pdf

Care to take a guess what the Purdue University Global numbers will look like?

In 2014, the 5-year student loan default rate at Kaplan University was 53 percent and accumulated student loan debt was $6.6 billion. Imagine what the numbers look like now for Purdue University Global. ... — read more 

This Graham Holdings Company-Purdue Global situation really is a racket. Purdue still owes Kaplan $113 million but GHC can write it off their taxes. The US government has to pay for this mess, first with the CARES Act money, then with the money... — read more 

"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 

Purdue University Global (aka Kaplan)... https://www.thelayoff.com/t/1dpDWE6i

Who says tax status doesn't matter... https://www.republicreport.org/2021/ftc-announces-crackdown-on-predatory-college-abuses/

"If you want to pay more and get less go to a for-profit school like DeVry, the University of Phoenix, or Purdue Global." https://www.chronicle.com/article/the-great-masters-degree-swindle

Like KHE? https://www.youtube.com/watch?v=chDzSVACpf0&list=PLObvln1-MJdS8xQVjAdV7RnrLwrfdJ7r4&index=22

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true

Interesting numbers. Revenues have dropped every year. Good thing Purdue Global got $40 million in free money. https://philonedtech.com/purdue-global-fy20-financials-show-online-school-getting-closer-to-break-even/

Oh that's a lawsuit just waiting to happen.

https://www.purdue.edu/business/account/pdf/508_FY20-Financial-Report-Final.pdf

Tell me how you feel about this. http://collegemeltdown.blogspotcom/2020/11/a-letter-to-us-department-of-education.html