Online Learning Update

April 27, 2017

Purdue U. Is Expected to Buy Mega For-Profit Kaplan U., Turn It Into a ‘Public University’

Filed under: Online Learning News — Ray Schroeder @ 3:59 pm

by the Chronicle of Higher Ed

Purdue University’s Board of Trustees is expected to buy the for-profit Kaplan University, which is a division of Graham Holdings Company. The surprise announcement was made in a corporate filing by the company on Thursday morning. According to the filing, Kaplan will become a new “nonprofit, public-benefit corporation” called “New University.” It continues: “New University will operate as a new Indiana public university, as authorized by the Indiana legislature, affiliated with Purdue University and focused on expanding access to education for non-traditional adult learners.”

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