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"Some college administrators seem so distracted with fund raising, academic infighting, and community initiatives that they set up their emergency communications departments very poorly. Training is poor to nonexistent, secretaries are pressed into service with tremendous responsibilities for running 'notification systems' 24/7 and on weekends because no one else knows how to do it and the administration won’t pay for additional staff. Procedures are seat-of-the-pants and dependent on HIPPO (highest paid person’s opinion), except when something like Virginia Tech happens and there is some sort of scramble to do something different." --Donna
Most Colleges Avoid Risk Management, Report Says
U. of Georgia Paid 2 Fraternities $2.4-Million to Relocate, Contracts Show
The two were among five that houses on property where the university plans to build new academic facilities.
New Allegations in Admissions Controversy at U. of Illinois Suggest Ex-Provost Played a Role
Linda P.B. Katehi, the incoming chancellor of the University of California at Davis, has insisted she knew nothing of the admission of politically connected applicants at Illinois.
Sonoma State U. Foundation May Lose $350,000 on Loan to Former Board Member
The foundation will be forced to issue fewer scholarships in the 2010-11 academic year because of a diminished endowment, a university official said.
Court Overturns $2-Million Verdict for Former Coach at U. of Louisiana-Lafayette
The coach, one of the few African-Americans in big-time college football, was fired after three losing seasons. He sued, saying he had been dismissed because of his race.
The notorious vermin have forced Colorado State University at Fort Collins to cancel its annual Great Sofa Roundup, which allows students to donate unwanted couches.
College Suspends Student for Working in Gay Pornography | 58
President Obama's Visit to Notre Dame Carries Barely a Hint of Controversy That Preceded It | 58
Drug Sting Nabs 21 Students at U. of Illinois | 57
Faculty Members and Union Protest Staff Layoffs at Temple U. as 'Cruel' | 57
North Dakota Board's Vote Puts 'Fighting Sioux' Mascot on Thinner Ice | 57
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November 19, 2008
Architect of Kaplan's Higher-Education Ventures Is Stepping Down
Jonathan Grayer, who as chairman and chief executive officer of Kaplan Inc. helped turn a small test-preparation company into a $2-billion enterprise that operates dozens of colleges and the all-online Concord Law School, announced on Wednesday that he was planning to resign. He said he would pursue entrepreneurial ventures and philanthropy.
It was under Mr. Grayer that Kaplan began its many ventures into higher education. In a 2002 interview with The Chronicle, he explained that the business of running colleges complemented the test-preparation business for which Kaplan was then better known. “The test-prep business is a one-time sale,” he said, while “the Kaplan Colleges is a ‘membership business,’” in which you have to prove yourself month after month.
In addition to its extensive online-education offerings, Kaplan’s higher-education division operates 70 colleges in the United States and others around the world, and enrolls a total of about 100,000 students. In 2007 Kaplan’s overall higher-education operations generated revenue of more than $1-billion, of which $745-million came via federal student loans and Pell Grants.
Kaplan is a wholly owned subsidiary of the Washington Post Company, and now accounts for more than half of its revenues. In a news release, the company said that Mr. Grayer would be succeeded by Andrew S. Rosen, who has been overseeing Kaplan’s higher-education division. —Goldie Blumenstyk
Posted on Wednesday November 19, 2008 | Permalink |Comments
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Does anyone know the reason for Mr. Grayer’s sudden departure? He was just featured 2 months ago in Fortune magazine, and never made any mention of stepping down.
Could his sudden departure be related to the tightened student loan credit market and the 3 looming False Claims Act lawsuits that Kaplan is facing?
— EfficientMarketAcademic Nov 20, 08:42 PM #
What the Washington Post article did not say is how much each student taking a Kaplan Course this year will be paying for his generous golden parachute…
— an observer Nov 20, 09:32 PM #