As classes resume this fall, nearly 2 million college students will be attending school without leaving home.
Online college courses are a rapidly growing segment of the nation’s higher education curriculum. They’ve also become a very profitable business for the companies that offer online degrees.
Minneapolis-based Capella University, which operates under its parent company, Capella Education Co., continues to see its enrollment increase — along with its revenue and operating earnings. Capella, which focuses primarily on adult students seeking advanced degrees, has seen its enrollment and revenue grow by 20 to 25 percent per year in recent years.
Capella has about 23,400 students from all 50 states. Most are seeking master’s or doctoral degrees, although the school has a growing undergraduate program that’s now about 16 percent of its enrollment. Read full story.