Talk:Strayer University/Draft version

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Strayer University
Former names
Strayer's Business College
Strayer College
MottoOnly the driven.
TypePrivate, 4-year, for-profit university
Established1892
PresidentMichael Plater
Students~50,000
Location
United States
Campus90+ U.S. campuses
Websitewww.strayer.edu

Strayer University is a United States-based private, for-profit higher education institution. The university specializes in degree programs for working adults and offers undergraduate and graduate degrees in subjects such as accounting, business administration, criminal justice, education, health services administration, information technology and public administration. It was founded in 1892 as Strayer's Business College and later became Strayer College, before being granted university status in 1998. Strayer University is accredited by the Middle States Commission on Higher Education and currently has approximately 50,000 students at over 90 campuses in 23 U.S. states and online.

History[edit]

Foundation and early history[edit]

Dr. S. Irving Strayer founded Strayer's Business College in Baltimore in 1892.[1] Strayer established the college to teach business skills to former farm workers,[2] including shorthand, typing and accounting.[3][4] In its first decade of operations, enrollment at the school gradually increased, attracting students from other states, and in 1904 Strayer opened a branch of the school in Washington, D.C.[1][4]

Enrollment further expanded as demand for trained accountants grew after the passage of the Revenue Act of 1913 and World War I increased the need for government clerks with office skills.[4] During the 1930s, the college was authorized to grant collegiate degrees in accountancy by Washington, D.C.'s board of education.[4] The school founded Strayer Junior College in 1959, when it was given the right to confer two-year degrees. In 1969, the college received the accreditation needed to grant four-year bachelor of arts degrees and was renamed Strayer College.[4]

Expansion in late 1980s and 1990s[edit]

From the 1980s to the late 1990s, Strayer College grew rapidly; enrollment increased from approximately 2,000 in 1983,[5] to around 9,000 by 1997.[3] The college expanded the range of degree programs and courses it offered to include subjects such as data processing management and health care management.[5] In 1987, the college was given authorization to grant Master of Science degrees.[6] During the 1990s, the college began to focus on offering information technology courses.[7] According to The Washington Times, high demand for computer training due to the increased use of computers in offices and movement toward "knowledge-based" employment led to higher enrollment at Strayer.[3] In addition, Strayer began providing training programs in computer information systems for companies including AT&T and government agencies such as the Internal Revenue Service.[8] In 1996, the college launched Strayer Online to offer classes via the Internet.[9][8]

Recent history as Strayer University[edit]

In 1998, Strayer College was granted university status by the District of Columbia Education Licensure Commission and became Strayer University.[10] An increased demand for college degrees among working adults led to Strayer's continued expansion during the early and mid-2000s,[11] establishing its first campus locations outside of Maryland, Virginia and the District of Columbia, in North Carolina, South Carolina, Georgia, Tennessee, Pennsylvania[12] and Florida.[13] According to the University’s website, Strayer University now operates additional campuses in Delaware, New Jersey, Kentucky, West Virginia, Ohio, Alabama, Mississippi, Louisiana, Arkansas, Texas, Utah, Indiana, Illinois, and Wisconsin.[14]

In December 2011, the university acquired the Jack Welch Management Institute from Chancellor University. The institute offers a fully online Executive MBA program, as well as certificate programs.[15][16][17][18]

Campuses and online[edit]

Strayer University in Morrisville, North Carolina.
Strayer University in Morrisville, North Carolina.

Strayer University's flagship campus is located in Washington, D.C.[19] with additional campus locations based mainly in the eastern, southern and Midwestern U.S.[20] The university has more than 90 campuses[17] in both cities and suburban areas[21][22] located in 23 U.S. states.[23]

The university also has an online offering that allows students to study for bachelor's and master's degree programs via the Internet,[24] and is available to students worldwide.[20] Strayer University offers full degree courses that are entirely web-based, but students at the university can also take a combination of online and campus-based courses.[20] As of February 2011, approximately 30,000 students (including campus-based and global students) took 100 percent of their courses online.[25]

Academics[edit]

Mission[edit]

The university focuses on providing higher education to working adult students[22] and its class schedules and campus locations are designed to be accessible for this group.[12] The courses offered by the university are practical and business-focused, including courses in business administration and information technology.[7][18]

Academic programs and accreditation[edit]

Strayer University's academic programs include undergraduate and graduate degree programs, and certificates in subjects such as accounting, business administration, criminal justice, education, health services administration, human resource management, information technology and public administration.[26]

The Jack Welch Management Institute at Strayer University was established by Jack Welch following his retirement from General Electric, and was acquired by Strayer University in 2011. The institute offers executive MBA degrees and other programs for professionals. Welch is involved in preparing the curriculum for the program and appears in videos focusing on business current events. The acquisition of the Institute added an online Executive MBA to Strayer University's existing MBA program.[18]

Strayer University is accredited by the Middle States Commission on Higher Education (part of the Middle States Association of Colleges and Schools), one of the six regional accrediting bodies recognized by the Department of Education.[27][28] In addition, Strayer University holds the necessary licencing and approvals to operate and grant degrees in each state where its campuses are located, according to the University's website.[23]

Admissions[edit]

The admissions requirement for undergraduate degree programs at Strayer University is a high school diploma or its equivalent. For graduate degrees other than the Executive MBA, admissions requirements include a bachelor's degree from an accredited college. Graduate students must meet at least one of the following criteria: a minimum 2.75 undergraduate grade point average during junior and senior years of the degree; a minimum score of 450 on the Graduate Management Admission Test; a minimum score of 1,000 on the Graduate Record Examination; or demonstration that they are of "graduate potential".[29] Admissions requirements for the Executive MBA program include a minimum 3.0 undergraduate grade point average from an accredited university, five years of management experience and completion of an admission application.[30]

Faculty and students[edit]

More than half the courses at Strayer University are taught by full-time professors who are required to have the highest possible degree in their academic area.[12][28] The remaining courses are taught by adjunct professors, who are generally professionals with "real-world experience" in their field.[12][28][19]

Strayer University's total number of students is approximately 50,000.[31][23] According to the university, two thirds of Strayer's students are women and over half are African American or Hispanic.[32] Since the early 2000s, Strayer University has had a high proportion of minority students. The college has had more women students than men since the late 1990s.[12][8] The average age of students at the college is approximately 33, and the majority work full-time.[27]

Alumni[edit]

Noteworthy alumni of Strayer University include retired Assistant Commandant of the Marine Corps, Gen. Robert Magnus;[32] Joe Doherty, executive vice president and chief operating officer of the Government Solutions Sector for ACS, a Xerox Company;[33][34] Sasha Mirchandani, founder and managing partner of Kae Capital;[35] and Darryl Perkinson, Presidential Appointee to the National Council on Federal Labor-Management Relations and National President of the Federal Managers Association.[36]

Strayer Education, Inc.[edit]

Strayer Education, Inc., is a publicly traded corporation (Nasdaq: STRA), established as a holding company for the college and other assets in 1996. The company was created to take what was then Strayer College public and raise capital for expansion. Its corporate headquarters are in Herndon, Virginia.[6][37]

In 2010, the Washington Post named Silberman the most highly compensated CEO in the Washington, D.C., area based on an incentive compensation package of $40 million in restricted stock grants that will vest in 2019.[38][39]

References[edit]

  1. ^ a b "Strayer's College". The Morning Herald. 31 August 1899. Retrieved 23 December 2011.
  2. ^ Jennings, Jason (2005). Think big, act small: Ch.9. Strayer Education. Penguin Group (USA). p. 288. ISBN 1591840767.
  3. ^ a b c Abrahms, Doug (1 September 1997). "Schools, pupils learn education pays off quickly". The Washington Times. p. D12.
  4. ^ a b c d e Eisen, Jack (12 October 1983). "Strayer College on the Move". The Washington Post. p. C2.
  5. ^ a b McAllister, Elizabeth (10 January 1983). "Strayer Names New President". The Washington Post. p. 23.
  6. ^ a b "History". Strayer Education. Strayer Education, Inc. Retrieved 30 December 2011.
  7. ^ a b Kopecki, Dawn; Beckford, Tanaya (7 July 1997). "The more analysts learn, the more they like Strayer". The Washington Times. p. D18.
  8. ^ a b c Powell, Jacquelyn (28 July 1997). "Today's Lesson: How to Take Learning a Long Way". The Washington Post. p. F09.
  9. ^ Andrejczak, Matt (2 May 1997). "'Public school' Stock offering helps Strayer fuel expansion". Washington Business Journal. p. 3.
  10. ^ "Strayer College Attains University Status". Business Wire. 23 January 1998.
  11. ^ Glanz, William (19 April 2004). "The business of education". The Washington Times. p. C13.
  12. ^ a b c d e McNeil Hamilton, Martha (15 September 2003). "Like Its Students, Strayer Is Advancing". The Washington Post. p. E01.
  13. ^ Eckert, Barton (16 February 2006). "Education pays off for Strayer". Washington Business Journal.
  14. ^ "Campus Locations". strayer.edu. Strayer University. Retrieved 9 March 2012.
  15. ^ "Jack Welch: Investing in Education". CNBC. 11 November 2011. Retrieved 26 January 2012.
  16. ^ "New online MBA program approved at Strayer". Orlando Business Journal. 9 January 2012. Retrieved 26 January 2012.
  17. ^ a b Eckert, Barton (11 November 2011). "Strayer Education buys Jack Welch Management Institute". Washington Business Journal. Retrieved 26 January 2012.
  18. ^ a b c Mandavia, Megha; Ananthalakshmi, A. (11 November 2011). "Strayer to buy Jack Welch's business college". Reuters. Retrieved 30 December 2011.
  19. ^ a b Bowers, Irene (14 September 2006). "Strayer University opens Town Center opportunities". The Virginian-Pilot. p. V40.
  20. ^ a b c "Strayer University Expands To Georgia With Two Campuses In Atlanta". Atlanta Inquirer (Georgia). 7 August 2004. p. 9.
  21. ^ Strosnider, Kim (23 January 1998). "For-Profit Higher Education Sees Booming Enrollments and Revenues". Chronicle of Higher Education. p. A36.
  22. ^ a b Kubin, Jacquie (9 November 1998). "A Higher Calling". The Washington Times. p. F6.
  23. ^ a b c "About Strayer University". strayer.edu. Strayer University. Retrieved 30 December 2011.
  24. ^ Jordan, Brendan (4 October 1999). "Strayer U. offers an education online". The Carletonian.
  25. ^ "Strayer Education, Inc. Reports Fourth Quarter and Full Year 2011 Revenues and Earnings; and Winter Term 2012 Enrollments". Business Wire. 16 February 2012. Retrieved 29 March 2012.
  26. ^ "Never Too Late: Back-to-School Lessons Parents Returning to College Can Teach Their Children". Business Wire. Strayer University. 8 September 2011.
  27. ^ a b Knight, Jerry (9 July 2001). "Learning From Strayer's Ron Bailey". The Washington Post. p. E01.
  28. ^ a b c Cass, Michael (8 January 2003). "Working adults to get new option for college". The Tennessean. p. 2B.
  29. ^ "Admission Requirements". strayer.edu. Strayer University. Retrieved 30 December 2011.
  30. ^ "Strayer University Catalog: Admission to the University" (PDF). strayer.edu. Strayer University. 26 December 2011. Retrieved 9 March 2012.
  31. ^ Echols, Tucker (16 February 2012). "Strayer Education profits fall 26%". Washington Business Journal. Retrieved 26 March 2012.
  32. ^ a b Silberman, Robert S. (24 August 2010). "A model for open-access education". The Washington Post. p. A15.
  33. ^ "Joseph P. Doherty Jr". Bloomberg Businessweek. Retrieved 12 March 2012.
  34. ^ "Private Sector IT Leaders Offer Advice to State CIOs". NASCIO Connections. NASCIO. June 2011. Retrieved 12 March 2012.
  35. ^ "Sasha Mirchandani, Managing Partner Kae Capital". Private Equity International. PEI Media. Retrieved 30 December 2011.
  36. ^ "President Obama Announces Members of the National Council on Federal Labor-Management Relations". whitehouse.gov. The White House. 25 February 2010. Retrieved 12 March 2012.
  37. ^ "Strayer Education Inc". Bloomberg Businessweek. 21 February 2012. Retrieved 26 March 2012.
  38. ^ Beyers, Dan (2010). "Executive Compensation". The Washington Post. Retrieved 30 December 2011.
  39. ^ "Strayer Education Inc., Form DEF 14A (Proxy Statement (definitive))" (PDF). files.shareholder.com. EDGAROnline. 29 March 2011. Retrieved 12 March 2012.

External links[edit]

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