Strayer University
| Strayer University | |
|---|---|
 |
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| Established | 1892 |
| Type | Private, 4-year, for-profit |
| President | Dr. Michael Plater |
| Location | Arlington, Virginia, US |
| Campus | More than 90 campuses in the US |
| Website | www.strayer.edu |
Strayer University, formerly Strayer College of Baltimore, Maryland, is a private, for-profit educational institution. The Strayer University campuses are owned by Strayer Education, Inc. (NASDAQ: STRA), headquartered in Arlington, Virginia.
Strayer University specializes in higher education for working adults seeking career advancement. Currently, there are approximately 50,000 students enrolled at Strayer University.[1] Strayer University is accredited by the Middle States Commission on Higher Education, a regional accrediting body recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation.[2] According to the U.S. Department of Education, the repayment rate of federal student loans at Strayer University is 24%. [3]
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[edit] History
S. Irving Strayer founded a small Maryland college in 1892, Strayer's Business College. In 1969, the school was renamed Strayer College when it received licensure to grant the Bachelor of Science degree. Authorization to grant the Master of Science degree followed in 1987. In 1996, Strayer Education, Inc., was established to take Strayer College public and raise capital for expansion. This expansion included the ability to offer online classes to students around the world. In 1998, Strayer College was granted university status by the District of Columbia Education Licensure Commission and became Strayer University.[4]
On May 29, 2008, Strayer University installed Dr. Sondra Stallard as the university’s 13th president. Dr. Stallard joined Strayer University after serving as dean of the School of Continuing and Professional Studies at the University of Virginia.[5] Dr. Sondra Stollard retired on October 31, 2011. Dr. Michael Plater was appointed as Interim President. [6]
[edit] Campus locations
Strayer University has approximately 90 campuses, to include locations in Alabama, Arkansas, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, D.C., West Virginia, and Wisconsin.[7]
[edit] Academic programs
Strayer University's academic disciplines include degree and certificate programs in accounting, business, criminal justice, economics, information systems, management, public administration, health services administration, and education.
Jack Welch's educational program on leadership has been acquired by Strayer for $7 million dollars.[8]
[edit] Strayer Education, Inc.
Strayer Education, Inc., is a publicly traded corporation (NASDAQ: STRA), a holding company for the college and other assets. The corporation was established in 1996 to take what was then Strayer College public and raise capital for expansion.[9] Its corporate headquarters are in Arlington, Virginia.[10] The CEO of Strayer Education is Robert S. Silberman. In 2009 he became the highest paid CEO in the Washington DC area with a total compensation of $41.9 million dollars.[11] The U.S. Senate Health, Education, Labor and Pensions Committee claims that 52% of Strayer's revenue goes to marketing and profits. [12]
[edit] External links
[edit] References
- ^ http://www.bizjournals.com/washington/news/2012/02/16/strayer-education-profits-fall-26.html
- ^ USDE Accreditation Database entry for Strayer University
- ^ http://www2.ed.gov/policy/highered/reg/hearulemaking/2009/ge-cumulative-rates.xls
- ^ http://www.strayereducation.com/history.cfm
- ^ U.Va.'s Sondra Stallard Named New President of Strayer University, University of Virginia press release, May 3, 2007
- ^ http://biz.yahoo.com/e/111103/stra8-k.html
- ^ See http://www.strayer.edu/about
- ^ http://video.cnbc.com/gallery/?video=3000056856
- ^ http://www.strayereducation.com/history.cfm
- ^ http://www.strayereducation.com/contact.cfm
- ^ http://www.washingtonpost.com/wp-srv/business/capitalbusiness/executive-compensation/
- ^ http://hamptonroads.com/2011/10/forprofit-colleges-grab-big-share-gi-bill-money-0
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