Purdue University acquired a for-profit college for $1 — and faculty members are up in arms over the deal

AP Photo/Michael Conroy Purdue University acquired for-profit Kaplan University for $ 1 last week, setting off a wave of debate over the deal. The agreement allows Purdue to increase its reach into online and adult learning, while potentially paying Kaplan’s parent company — an affiliate of Graham Holdings Company — 12.5% percent of the new university’s revenue. While some […]