Charter Oak struggles as well, not just Excelsior

[Life Long Learning]

ITT Tech didn't shut down because it was struggling. They shut down because the federal government disqualified it from receiving financial aid after they were found to be scamming students.  

Ashford University was bought out many years ago by a for-profit company. Once it was bought out, the campus was never a focus. The marketing was almost entirely directed toward online students. Ashford also had accreditation issues because it was based in Iowa, but most of their operations were in California. HLC saw this as a problem and threatened to pull their accreditation, so Ashford moved its headquarters to California to be accredited by WASC. Therefore, their Iowa campus became even less of a focus.

The Apollo Group was bought out because University of Phoenix has been losing students for years to non-for-profit colleges. Most of them are cheaper than UoP; some of them are around the same price or more, but they have better name brands. UoP has lost a few lawsuits and was temporarily banned from recruiting on military bases because they were trying to recruit veterans with brain damage.

There is a lot of competition in online education now. You either need to be cheap or have a good name brand. Like I said in the other thread, why would someone pay $510 per credit hour at Excelsior when they could pay a similar price at University of Florida? Why would someone pay $510 per credit hour at Excelsior when they could pay $3500 per six months at a competency-based school?

Excelsior College needs to get back to their roots.  I would pay and did pay $510/credit if I can transfer in 116 credits.  That is the Big 3 Advantage over everyone!