APEI buys Rasmussen

[ss20ts]

At the same time, it does mean that the new owner is a for-profit corporation and you can't be too sure what their plans might include. 

Weren't they previously a for-profit already?

Yes, but it's not like being for profit is a bad thing. APUS already has a decent reputation, and Rasmussen will now have the same owners.

The whole for profit and no-profit thing really isn't what most people think it is. All colleges are making a profit. They can't keep their doors open without one. Non-profits are just limited on how much profit they can make.

[k-k-k-katy]

It's impossible to figure anything out here! Anyone know how much it is to do a term (and length) for the Empowered Learning program?  If they will take it, and how much ACE credit they'll take?

Only the competency-based BSN and medical assisting programs have subscription tuition. It's $3,500 per three-month term. The undergraduate programs are either $229 or $260 per credit. Most of the graduate programs are $125 or $155 per credit. 

https://rasmussen.dcatalog.com/v/2021-Catalog/?page=138

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Self-directed assessments are $99 allowing students to test out of some courses. Rasmussen accepts NA and ACE credits. There's a predetermined list of NCCRS courses that will be accepted. Thirty-three percent of the degree must be completed at Rasmussen.

https://rasmussen.dcatalog.com/v/2021---.../?page=154

I actually spoke to someone there today looking at the Health and Wellness degree (which won't work for us) and was told that for the self-paced program it is $229 per credit plus $175 fees.  Also, "students average 2 classes every 5.5 weeks."  I was told they have a generous transfer policy but when pressed the man said they take up to "90 credits of transfer credit" out of the 180 credits necessary to earn the degree (it is on the quarter system).  I can't say I got super clear information (I, myself, wouldn't count on the info it was so vague and every other question was about recruiting) because it was like pulling teeth to get that much (little) information.  I finally asked for a link to just look through the catalog myself.  That's all I know from what I was told.  I feel their website is purposely hard to navigate and their information intentionally hard to interpret.  That's just my impression, I hope others have a much better experience than mine.  No minimum age, that's a plus!

[sanantone]

Many public colleges and universities are money losers, but it doesn't matter because they're propped up by tax dollars. Non-profits are not limited in how much money they can make. They're limited in how they can spend the money. Most of the money gets invested back into the school. For-profits have an ethical obligation to make money for their shareholders, so little gets put back into the school.