Strayer University To Shutter Missouri Campuses
Career College Central summary:
Strayer University's campuses in Brentwood and Kansas City, Mo., are caught up in a cost-cutting initiative by the national for-profit higher education system's parent company. “Starting January 2014 on-ground classes will no longer be offered at this location, subject to regulatory approvals including that of our accrediting body, the Middle States Commission on Higher Education,” the company said on its websites for both campuses. “All classes will continue to be available on-line.”
The closures are part of cost-cutting initiatives that Herndon, Va.-based parent company Strayer Education Inc. started last month, intended to cut its campus-based and headquarters workforce by 20 percent and reduce annual operating expenses by $50 million beginning next year, according to its quarterly report.
Classes at Strayer's Brentwood campus at 1600 S. Brentwood Blvd. began in January this year. Including its Brentwood and Kansas City campus, Strayer plans to close about 20 physical locations predominantly in the Midwest. These closures will affect about 5 percent of the university’s enrollment, or about 2,300 students in the fall term, company officials said.
Click through for full article content.
THE ST. LOUIS BUSINESS JOURNAL