Home News Adtalem continues shift to professional ed – Education Dive

Adtalem continues shift to professional ed – Education Dive

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Dive Brief:

  • Adtalem Global Education made “significant progress” in its effort to transform into a professional education provider during the quarter ended June 30, including by completing the divestitures of for-profits DeVry University and Carrington College, the company’s CEO Lisa Wardell told analysts during a call Thursday.
  • Enrollment at Adtalem’s remaining for-profit colleges rose 4.2% year-over-year during the quarter to 113,830 students, with gains in its Chamberlain University offset by a 6% decrease in its medical and veterinary programs that Wardell partly attributed to the relocation of a key campus.
  • The company also closed on the acquisition of a financial services education business during the quarter, which Wardell said “represents a long-term growth opportunity” for Adtalem’s financial services vertical.

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