Purdue University, based in Indiana, has bought almost all of Kaplan University’s credential-issuing HE business. Approximately 85% of Kaplan’s students are enrolled on online-only programmes, while the remainder are on hybrid programmes.
The deal will see about 32,000 Kaplan students, 15 campus locations and 3000 employees joining a newly created, Purdue-branded non-profit university. Purdue said the new university will be financially self-sufficient.
It is hoped the move will allow Purdue to widen the potential audience for its degree programmes.
Source: Inside Higher Ed.