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Purdue Global Owes $128 Million to Kaplan

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Purdue Global Owes $128 Million to Kaplan
sanantone Offline
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06-22-2024, 03:33 AM
This news story is six months old, but it's something to watch over the next couple of years. Purdue Global has an agreement to pay 12.5% of its proceeds plus fixed fees for online program management to Kaplan. From what I've heard from Purdue Global faculty, Kaplan is not good at providing those program management services. Anyway, Purdue Global has a net operating loss of $95 million, and neither the Purdue system nor Indiana taxpayers can legally cover Purdue Global's debts.

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Purdue Global Owes $128 Million to Kaplan - by sanantone - 06-22-2024, 03:33 AM

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