It is folding its higher-education operations into the new unit.
Washington Post stock fell $31.05, or 7.6 percent, to close at $377.56 on Friday, its largest drop in more than a year, after the company said in its quarterly report that proposed United States Department of Education rules could have a "material adverse effect" on Kaplan's higher-education operations.
"After all, a number of foreign higher education institutions already run operations in the UK," he said.
Education, especially higher education, needs reform.
Presented with information about EdSoup's and Neutron's operations, higher education policy expert Barmak Nassirian said about America's predatory for-profit colleges, "The industry's recidivism is matched only by its creativity in devising new ways to prey on unsuspecting victims.
Dr Vaitkus says: "Despite falling student numbers, more government money is going into higher education and better co-operation between universities is being encouraged to foster possible mergers".
They result from measures designed to create a level playing field for private operations delivering higher education.
The world's first academic degree-granting institution of higher education, which is still in operation today, the University of Qarawiyyin in Morocco, was established by a woman, Fatima al-Fihri.
Catherine Henny, education operations officer, Global Partnership for Education, Washington, DC, USA.
There are more than 3,000 for-profit institutions of higher education, mostly one and two-year operations.
Now, Kaplan higher education revenues eclipse not only the test-prep operations, but all the rest of the Washington Post Company's operations.
