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Scott Green seemed a little less committed to the deal he has relentlessly touted for more than a year and a half for his school to buy, for $685 million, the huge for-profitUniversity of Phoenix from private equity giant Apollo Global Management. According to Idaho Education News , Green said the next move was Apollos.
Apollo Global Management, the holding company for the for-profitUniversity of Phoenix, and the Vistria Group are considering the possibility of an initial public offering, Bloomberg reported. A potential IPO could launch by the third quarter (JulySeptember), sources told Bloomberg.
In this podcast episode, Dr. Drumm McNaughton speaks with Director Camille Dumont of the Center for Career and Professional Development (CCPD) about how she aligned career services with academia at Post University to better prepare students for the workforce. Camille has been at Post University in a variety of capacities since 2011.
Capella University, a private for-profituniversity in Minnesota, is just one of the institutions across the nation seeing gains in college completions among its underserved adult learner population, says its president, Constance St. . ” The average age of St. Germain’s students is 37 years old.
So, we view it as part of our mission to supply highly educated, well-trained, and prepared management personnel for American businesses and the nonprofit sector. [00:03:37] You don’t want to go beyond that to say that profit becomes the objective. Profit is not the objective. So, it’s all run by the faculty. [00:06:21]
College and university closures. According to a recent article in The Chronicle of Higher Education, closures of four-year, private, and not-for-profituniversities and colleges in 2017 are expected to triple from the current average rate of five per year.
The biggest drop by far comes from non-traditional students who have given up on for-profituniversities as a way of advancing their technical skills or getting an advanced degree. The decline was significantly higher for male students (1.9 percent) than for female students (1.0
But a product management methodology that can combine knowledge about efficacy, user desires, and usability requires more tools than that. They also have the Ally accessibility management tool, which is one of the very few products I’ve seen customers get genuinely excited about in EdTech. So…that’s different.
Image: The University of Arkansas System is considering a transaction in which it would transform the for-profitUniversity of Phoenix into an independent nonprofit affiliate, spokespeople for both institutions have confirmed. “Being private equity owned, you’re always having that conversation,” Smiley said.
As the Biden administration fights to relieve Americans of student debt, it also believes it must take a proactive step to manage a student loan resurge. Their solution: impeding for-profit leaders’ likelihood of abusing federal funding and securing the tuition of suckered-in students.
In the face of such uncertainty, college and university leaders may feel compelled to sit tight and assess the climate. “2025 is going to be a very interesting year to see what next step the industry needs to make,” says David Clark, managing director of higher education at BDO, a financial consulting firm.
Yet somehow the president of the University of Idaho, Scott Green, continues to insist he will be serving his school, and students, by acquiring , through an affiliated new non-profit, the giant for-profitUniversity of Phoenix from huge private equity firm Apollo Global Management.
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