Strayer’s CEO Rows Against Some Rough Waters

Career College Central summary:

  • In recent years, lawmakers and accreditation agencies have been taking a closer look at for-profit colleges. The schools have come under fire for low graduation rates, high student loan default rates and aggressive recruiting.
  • Last spring, Karl McDonnell took over as chief executive officer of Strayer Education, which owns Strayer University, one of the nation’s largest for-profit colleges. Strayer enrolls more than 50,000 students in online and classroom programs on more than 100 campuses across the country.
  • McDonnell spoke with Kelly Heyboer, The Star-Ledger’s higher education reporter, about the state of the industry.

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