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Walden University is a private for-profit online university headquartered in Minneapolis, Minnesota. It offers bachelor's, master's, doctoral, and specialist degrees. The university is owned by Adtalem Global Education, which purchased the university in August 2021.
Offer a full range of baccalaureate programs; Are committed to graduate education through the doctorate; Give high priority to research; Award 50 or more doctoral degrees each year; Receive annually $40 million or more in federal support [2] The Carnegie Foundation reported that 59 institutions met these criteria in 1994. [3]
As of Doctorate Recipients from U.S. Universities: Summary Report 2006 this was reduced to 18, [10] part of an ongoing program of assessment that saw the number of recognized research degrees reduced from the 52 recognized from 1994 (the earliest report archived online) to 1998, falling to 48 from 1999 to 2003 and to 24 in 2004.
Doctoral/research university: 9,025 1885 [80] Capella University: Minneapolis: Private for-profit Doctoral/research university: 39,727 1993 [81] Rasmussen University: Various Private for-profit Associate's college: 3,058 [note 3] 1904 [83] Walden University: Minneapolis: Private for-profit Doctoral/research university: 42,313 1970 [84]
Capella University was originally established as The Graduate School of America by Dr. Harold Abel and Stephen Shank in 1993. Shank was the former CEO of Tonka. Abel, formerly the president of Castleton State College, Central Michigan University, and Walden University, [3] [4] became the first president of the institution. [5]
[citation needed] Overall, 57% of students who begin a PhD program in the US will complete their degree within ten years, approximately 30% will drop out or be dismissed, and the remaining 13% of students will continue on past ten years. [10] The median number of years for completion of doctoral degrees for all fields in the U.S. is seven. [11]
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Tuition and fees do not include the cost of housing and food. For most students in the US, the cost of living away from home, whether in a dorm room or by renting an apartment, would exceed the cost of tuition and fees. [7] [9] In the 2023–2024 school year, living on campus (room and board) usually cost about $12,000 to $15,000 per student. [7]
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