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May30
Strayer University - Big Player # 7

Where to begin with this for-profit education blog…I have been thinking about this quite a bit.

In the beginning I have decided to start by introducing the big players.

Let me introduce the top seven for-profit schools in terms of money.  I will give …

1. the name of the school
2. it’s ’05 Revenue,
3. it’s projected ’06 revenue,
4. it’s estimated equity value
5. it’s projected long term growth.

# 7 on the list is

1. Strayer University
2. $220,600,000
3. $262,400,000
4. $1,419,000,000
5. 20%

When schools or any business for that matter sees this much cash flow, has this much value, and this much growth potential, they become the focus of increased scrutiny.

Is it any surprise that the for-profit schools are examined so closely? Criticized so openly and loudly?

Are there other reasons for this besides the money? Is it because it concerns our kids? Or someone else’s kids? Is it because schools were not traditionally in the business of making money? Is it only the traditional schools that are vocalizing the criticism? A lot of questions.  Please tell me…

What do you think?


2 Comments/Trackbacks




Remember that "it's" means "it is." The possessive of the pronoun "it" is merely "its." (Usually taught in freshman English).

Do students really learn in an online environment?

Last summer I completed five years of teaching as an adjunct faculty member at a for-profit university that has some 47 campuses throughout southeastern states. My specialty was business administration, and in the final two years of my teaching experience I focused on courses for advanced undergraduates, particularly those who were nearing graduation.

It was a sobering experience. I was teaching in an online environment, and the majority of my students had been taking online classes since they were freshmen. I was considered a “demanding” professor, but to my thinking that type of instruction was precisely what the students needed before they left the university and tried to apply their business administration skills in the “real world.”

I taught BUS490, which was called Business Policy but was really just a course in strategic planning. I was stunned to discover that most of my advanced undergraduates struggled to get through the course because they did not fully understand income statements, balance sheets, statements of cash flows and descriptive statistics. They should’ve learned these concepts in freshman business and accounting classes.

Eventually I understood that the students had really not learned much through their online classes. They discovered early on that they could pass courses simply by skimming through textbooks and answering multiple-choice questions. All “exams” were open-book, and students often received help from others at exam time.

Because of these problems, this school and others like it are not accredited by the Association to Advance Collegiate Schools of Business. The “regional accreditation” of the school was meaningless.

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