The arrangement, which in some ways resembles Purdue University's 2017 acquisition of Kaplan University, quickly drew lots of attention, and controversy.

To help make sense of the news, we spoke with Kelly McManus, director of higher education for Arnold Ventures and formerly director of government affairs for the Education Trust.

We also spoke with Trace Urdan, a managing director at Tyton Partners and an expert on for-profit colleges and online education.

 

Episode 18 Transcript