Purdue Buys Kaplan University [Free Access]

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. 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 deal has faced significant scrutiny from faculty

: Kaplan receives a percentage of revenue for providing "back-office" services, including marketing, technology support, and financial aid administration for a 30-year term. Motivations and Strategy : Kaplan receives a percentage of revenue for

: Purdue paid exactly $1 to acquire Kaplan’s academic operations.

: President Mitch Daniels framed the acquisition as a way to fulfill Purdue's land-grant mission by reaching "working adults and others unsuited to traditional campus study".

: The move was intended to create an additional revenue stream at a time of uncertain state funding. Performance and Criticism