Strayer’s CEO Rows Against Some Rough Waters
Career College Central summary:
In recent years, lawmakers and accreditation agencies have been taking a closer look at for-profit colleges. The schools have come under fire for low graduation rates, high student loan default rates and aggressive recruiting.
Last spring, Karl McDonnell took over as chief executive officer of Strayer Education, which owns Strayer University, one of the nation’s largest for-profit colleges. Strayer enrolls more than 50,000 students in online and classroom programs on more than 100 campuses across the country.
McDonnell spoke with Kelly Heyboer, The Star-Ledger’s higher education reporter, about the state of the industry.
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