Strayer University’s owner continues to struggle with enrollment declines

Higher Ed Dive 

Natalie Schwartz
July 27, 2022
Dive Brief:
  • Strategic Education, the parent company of the for-profit Strayer and Capella universities, reported collective enrollment declines at those institutions in the second quarter of fiscal 2022 — marking around two years of falling student headcounts.
  • Enrollment at the two universities decreased to 76,728 students, declining 8.6% from the same period last year. Revenue also decreased 8.6% year over year to $273.6 million. Profit dipped to $15.2 million, sliding 23.8% year over year.
  • However, Strategic Education CEO Karl McDonnell said demand has been picking up for the company’s U.S. institutions, with inquiry volume up more than 20% compared to last year.