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Showing posts with label Walden University. Show all posts
Showing posts with label Walden University. Show all posts

Monday, February 10, 2025

Walden University President Michael Betz Cashing In

Walden University President Michael Betz has sold $380,000 worth of Adtalem shares. Walden is one of America's largest robocolleges, proving online education to tens of thousands of folks in psychology, social work, nursing, education, business, and criminal justice each year.  

Adtalem, formerly known as DeVry Education, is Walden's parent company.  Adtalem also owns the Chamberlain College of Nursing and medical schools in the Carribean.  Walden and Adtalem have been profitable despite mediocre results for worker/consumers, a disproportionate number are women and people of color.  

In 2024, Walden settled a case for $28M that claimed the school systematically deceived black and female students.