Purdue Buys Kaplan University | PROVEN |
: The move was intended to create an additional revenue stream at a time of uncertain state funding. Performance and Criticism
In 2017, Purdue University made the groundbreaking decision to acquire the for-profit Kaplan University for a nominal fee of $1, transforming it into the public online entity now known as Purdue University Global . This "education marriage" was designed to leapfrog Purdue into the competitive online market and expand access for adult and non-traditional learners. The Logistics of the Deal purdue buys kaplan university
: While the university became a public institution, Kaplan, Inc. (a subsidiary of Graham Holdings Company ) remained as a long-term business partner. : The move was intended to create an
: Purdue leaders determined it would be faster and more effective to buy an established online infrastructure rather than building one from scratch. The Logistics of the Deal : While the
The deal has faced significant scrutiny from faculty and external observers regarding transparency and financial outcomes:
: The deal included Kaplan's 15 campuses, roughly 32,000 students , and approximately 3,000 employees.
