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In 2017, Graham sold Kaplan University to Purdue University for $1, with the aim of changing it into a nonprofit online institution now known as Purdue University Global. [7] [8] [9] The acquisition, announced in April 2017, was completed in March 2018. [10]
Kaplan University campus in Maine, 2017. The campus became part of Purdue University Global. Prior to Purdue's acquisition, Kaplan University had undergone enrollment decline from 39,800 students in 2015 to just 32,000 students enrolled in April 2017.
1. Purdue University buys Kaplan despite predatory-lending complaints. In April 2017, Purdue University, a state university in West Lafayette, Indiana, announced that it was purchasing Kaplan ...
In March 2018, Graham sold Kaplan University, Kaplan’s online higher education operation, to the Purdue University system, and it was rebranded Purdue University Global, a new public university to serve adult learners. [27] [28] In 2019, children's podcasting company Pinna spun out of the Slate Group as a separate Graham Holdings subsidiary. [29]
Serving as the main online education branch for Purdue University — it purchased Kaplan in 2018 — the school offers 175 online programs at the associate, bachelor, graduate and doctoral degree ...
In March 2018, Purdue University bought Kaplan University to make a nonprofit institution and a new online university called Purdue University Global. The for-profit Kaplan Higher Education still has a 30-year contract to serve Purdue Global. [10] After an initial enrollment decline at Purdue Global Law by approximately 65 percent between 2014 ...
Purdue University – acquired Kaplan University, 2017; Purdue University Northwest – consolidation of Purdue Calumet and Purdue North Central, 2016; Radford University - absorbed Jefferson College of Health Sciences, 2019; Regis University – absorbed Loretto Heights College, 1988
Purdue University Global- formerly Kaplan University (converted in 2018, granted IRS tax-exempt status in 2019). Under a long-term contract, the former owner continues to manage much of its operation, causing critics to question the college's integrity as a nonprofit. [22] [23]