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.
Small-bite credentials are being used as supplements.
COLLEGEVINE, which provides online college admissions and consulting services, has raised an additional $3.6 million in a deal led by Morningside Technology Ventures, with University Ventures and Silicon Valley Bank also participating.
It's the first time a prestigious public university has attempted to acquire a for-profit college, and the deal is already drawing heated criticism.
Purdue University's Board of Trustees voted on Thursday morning to buy the for-profit Kaplan University, which is a division of the Graham Holdings Company. The surprise announcement was first made in a corporate filing by the company on Thursday morning.
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University Ventures' Daniel Pianko & CNBC's Rick Santelli discuss the long-term consequences of student loan debt.
The luxury-focused credit card's struggles with millennials suggests that status is a transitory concept - with implications for postsecondary credentials, Ryan Craig argues.
Gov. Cuomo's calls for free college garnered front-page headlines and shook the higher education landscape. But while much of the public applauds, even the liberal New York Times now chides...
Lindsey Wilson College's LWC Mobile helps administrators better understand and serve students