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Serving as the main online education branch for Purdue University — it purchased Kaplan in 2018 — the school offers 175 online programs at the associate, bachelor, graduate and doctoral degree ...
A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [ 1 ] [ 2 ] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
In 2010 Kaplan and other for-profit education companies came under scrutiny from the U.S. Congress due to concerns that the industry leaves too many students with heavy debts, and with credentials that are of little help in finding jobs. [47] Much of the report focused on Kaplan College programs, which are no longer a part of Kaplan University.
In 2016, Kaplan partnered with ACT, the ACT college admissions test maker, to make low-cost, online test prep free for low-income students. [24] In 2017, Purdue University announced the acquisition of Kaplan University, [25] and the sale was completed in 2018. The new institution became Purdue University Global, providing students with ...
According to a filing with the U.S. Securities and Exchange Commission, Kaplan agreed to pay the new school $10 million annually for the first five years of the deal and to receive up to 12.5% of ...
According to the contract terms, Kaplan would receive 12.5-13 percent of the university's revenue, in addition to reimbursement for its costs of providing support to the school, as long as funds are available after all operating expenses and guaranteed payments to Purdue have been covered.
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