Purdue University buys online university Kaplan

Move reflects growing influence of online education.

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.