The arrangement announced Thursday may help Kaplan parent Graham Holdings Inc. shed the for-profit education sector’s tarnished reputation. Purdue—paying Graham only a symbolic $1—immediately enters the ranks of public universities expanding their reach with online degrees targeting older Americans.
Observers say the deal is unprecedented for a public research university and leaves unanswered questions about how others in the sector will respond.
Purdue’s acquisition of Kaplan includes 15 campuses, 32,000 students and 3,000 employees. All Kaplan University students and faculty will transition to the new university, which will use the Purdue name.
Purdue University won’t open the doors to its first high school for another five months, but its leaders are already planning for more.
Purdue and Butler universities have used toughness and experience forged in difficult times to work themselves into the Sweet 16 of this year’s NCAA men’s basketball tournament.
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles—and at prices potentially far cheaper than today’s silicon-based panels. It’s not as far-fetched it sounds.
The university said the frozen costs have helped lead to a decrease of 30 percent in Purdue student borrowing since 2012.
At Ohio State University, football coach Urban Meyer and members of his family took 11 personal trips last school year at a cost to the university of $120,000. Purdue University flew an alumnus from Rhode Island for $15,000.
The boards of both universities approved plans in December for splitting up programs starting in July 2018 at what is now Indiana University-Purdue University Fort Wayne.
Students say cheating and academic dishonesty have become commonplace at the school.
The planned high school for STEM studies announced with fanfare last year that it would move into the P.R. Mallory factory site, but leaders encountered a financial hurdle and now are keeping their options open.
The Purdue University president said in a written statement that "if the idea is to strengthen the protection of Americans against terrorism, there are many far better ways to achieve it.”
Purdue University Professor You-Yeon Won’s development, called radio-luminescent nanoparticles, is designed to enhance the cancer-cell-killing effects of radiation treatment.
Campus housing costs will range from about $2,500 to $9,500 per academic year depending on what kind of facilities students choose.
Indiana University is on a trajectory to be operating at a net loss of about $70 million by 2021, the school's treasurer told the board of trustees.
Purdue University will hold off on raising employees' salaries and changing job classifications in the wake of a last-minute suspension on a federal rule that would have expanded the pool of workers eligible for overtime pay.
Indiana University trustees have voted to approve splitting the Indiana University-Purdue University Fort Wayne campus.
Pharmacy grads used to have their pick of six-figure jobs. But competition stiffened after dozens of new schools opened, sharply increasing the supply of newly minted pharmacists.
Purdue University is renaming its School of Chemical Engineering after an alumnus and his wife who donated $20 million to the school.
Research developed at Purdue University and licensed by a biomedical startup could give patients with late-stage prostate cancer an alternative to hormone therapies that can develop resistance after prolonged use.
