Purdue Buys For-Profit Kaplan University for $1 to Create New Kind of Public University
Edsurge
APRIL 27, 2017
Purdue University agreed today to buy one of the largest for-profit universities, Kaplan University, and turn it into a public, non-profit university in the Purdue system. The news emerged Thursday morning when Graham Holdings Company, which owns Kaplan, made an SEC filing disclosing plans for the sale. for the next 30 years.
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