Uh, what? Purdue University buys for-profit Kaplan University

The Chronicle of Higher Education has the details.

“The new university will be distinct from others in the Purdue system, relying only on tuition and fund raising to cover operating expenses,” Purdue University said in a news release on Thursday. “No state appropriations will be utilized. It will operate primarily online, but has 15 locations across the United States, including an existing facility in Indianapolis, with potential for growth throughout the state. Indiana-resident students will receive a yet-to-be-determined tuition discount.”

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