Why Donald Graham Sold Kaplan for $1May 19, 2017 | :
by Jeffrey R. Young
There are many unanswered questions about the unprecedented sale of Kaplan University, a for-profit institution with several online programs but falling enrollments, to Purdue University, one of the top public universities in the nation.
To try to get some answers, EdSurge recently sat down with Donald Graham, chairman of Graham Holdings Company, the group that sold the 15-campus Kaplan University to Purdue (for just $1). (Editor’s note, Graham Holdings is an investor in EdSurge.)