Kaplan used to be a fairly decent outfit, giving workable educations to people who couldn’t manage to get through college.
I have a feeling, from what I have heard about them recently, that they started going all out for profit, and have suffered as a result.
Their primary business is getting student loans for their victims to hand over to them.
The kids wind up buried in debt with dime-store education certificates.
The profits part is what I don’t understand. 67% is huge, and it didn’t happen overnight.
That’s going to cost them big advertising bucks, and the simple solution (as manc implies), is to get back to fundamental journalism.
Does anyone know of any studies/data showing MSM moving to a more centrist position in light of falling profits? That would be a heck of a thesis for journalism students.
Kaplan also is the single company holding up the NYT. Kaplan is being sheltered by the taxpayers.