CHICAGO--(BUSINESS WIRE)--Kaplan Higher Education (KHE) informed employees today that it will eliminate about 770 positions, approximately 5 percent of its workforce.
“Our enrollments have slowed recently, as they have at other proprietary schools. More importantly, we have made a strategic decision to become more selective in the students we enroll, focusing on students who are most likely to thrive in a rigorous academic environment and meet their financial obligations. These factors have led to a shift in our personnel needs,” said Jeff Conlon, president and CEO of KHE. ”These are difficult decisions to make, but necessary if we are to maintain the same high quality education and support services our students expect.”
About Kaplan Higher Education
Kaplan Higher Education is one of four divisions of Kaplan, Inc., a leading international provider of education and career services for individuals, schools and businesses. The higher education division serves more than 100,000 students through 75 campus-based schools and online operations across the United States. KHE schools offer a spectrum of academic opportunities, from certificates and diplomas to graduate and professional degrees, including a juris doctor degree. Kaplan is a subsidiary of The Washington Post Company (NYSE: WPO).