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It was founded in 1892 as Strayer's Business College [1] and later became Strayer College, [2] before being granted university status in 1998. Strayer University operates under the publicly-traded holding company Strategic Education, Inc. , which was established in 1996 and rebranded in 2018 following its merger with Capella University .
In April 2011, Welch approached Robert Silberman, CEO and Chairman of Strayer Education, Inc., to discuss moving the institute to Strayer University. [6] Welch paid nearly $2 million to buy back his namesake from Chancellor, stating that "Chancellor wasn't a good vehicle."
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Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit , online Capella University and Strayer University , as well as non-degree programs schools such as DevMountain , Hackbright Academy , and Sophia Learning .
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