Friday, April 28, 2017

Purdue's Bold Move - Paul Fain and Rick Seltzer, Inside Higher Ed

Indiana institution acquires Kaplan University and its 32,000 students in an unprecedented move to enter online education as many large for-profits continue to slump. Purdue University’s acquisition of Kaplan University is an unexpected tectonic shift in American higher education, revealing both the changing roles of public universities and the dwindling fortunes of for-profit colleges. The deal announced Thursday has the Indiana-based public research university acquiring nearly all of the credential-issuing side of Kaplan’s higher education business -- seven schools and colleges that make up Kaplan University, but not its School of Professional and Continuing Education. https://www.insidehighered.com/news/2017/04/28/purdue-acquires-kaplan-university-create-new-public-online-university-under-purdue