by Paul Fain, Inside Higher Ed
Purdue University Global has cleared its third and final regulatory hurdle, with the Higher Learning Commission following state and federal agencies in backing Purdue’s acquisition of the for-profit Kaplan University. Yet questions remain about the final structure of the boundary-pushing Purdue Global, which has drawn both strong praise and criticism. The online university will combine aspects of public, private nonprofit and for-profit higher education after its anticipated launch in April. Also this week, Grand Canyon University, a publicly traded for-profit that enrolls roughly 70,000 students online and has a growing physical location in Phoenix, got a green light from the Higher Learning Commission to convert to a nonprofit. It’s the second attempt for the university, which still needs approval from the feds and state regulators.
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