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(updated below – w/correction) The Washington Post this morning published a lengthy article detailing the fortune — and now the trouble — generated for its parent company, The Washington Post Co., as a result of its acquisition of Kaplan Higher Ed. While The Post continues to lose money, Kaplan — particularly its sprawling network of for-profit “universities” which the company began building in 2000 — generates huge profits for the company, profits on which the Post Co. depends almost completely for its sustainability. Indeed, the newspaper has become little more than a side vanity project for the Post Co. and the Graham family which continues to dominate it; it is now, at its core, in the business of profiting off of lower-income students who pay for diplomas, often obtained via online classes.
The Washington Post's dependence on the government it covers - Glenn Greenwald
The Washington Post Company ( NYSE : WPO ) is an American mass media company, best known for owning the newspaper for which it is named, The Washington Post . The company also owns Kaplan, Inc. , a leading international provider of educational and career services for individuals, schools, and businesses. In addition, the company owns The Slate Group, Express , El Tiempo Latino , The Gazette and Southern Maryland newspapers, The Herald (Everett, WA), Post-Newsweek Stations (Detroit, Houston, Miami, Orlando, San Antonio and Jacksonville), Cable ONE —a cable TV and Internet service provider with subscribers in midwestern, western, and southern states—and Avenue100 Media Solutions, an online lead generation provider. The company previously owned Newsweek and Newsweek.com, but sold the magazine in 2010 after years of financial losses. [ 2 ] The Washington Post Company history dates back to 1877, when the Post was first published.
The Washington Post Company
Kaplan University ( KU ) is the " doing business as " (DBA) name [ 1 ] of the Iowa College Acquisition Corporation, a company that owns and operates for-profit colleges. It is owned by Kaplan, Inc. , a subsidiary of The Washington Post Company . [ 2 ] Kaplan University is predominantly a distance learning institution of higher education that is regionally accredited by the Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA). Kaplan University was named in honor of Stanley H.
Kaplan University
The trials of Kaplan Higher Ed and the education of The Washington Post Co.
Last month, the Lynchburg News & Advance reported that Liberty University, the evangelical private school founded by Jerry Falwell and run by Jerry Falwell Jr., received almost half a billion dollars in federal financial aid money last year. After we pointed out that that was more federal money than NPR received last year, Liberty University apparently blocked access to the News & Advance website for at least one day. Yes, Liberty University is exactly like Communist China.

