What Does Purdue’s Acquisition of Kaplan Mean for the Future of Digital Education?
JUNE 12, 2017
When Purdue University announced on April 27 that it was buying Kaplan’s online university business, shock waves went through the higher education community. The deal specifies that Purdue will pay $1 to Graham Holdings for Kaplan University’s institutional operations and assets, but it's still pending approval from the U.S. The for-profit Kaplan will earn money through a 30-year revenue sharing agreement.