Risk Factors Update Summary
- Strayer University derived approximately 80.57% of its cash-basis revenues from Title IV programs in 2023, a decrease from 82% in 2022.
- Capella University derived approximately 65% of its cash-basis revenues from Title IV program funds in 2023, a decrease from 67.06% in 2022.
- Strayer University's three-year cohort default rates decreased from 11.3%, 8.6%, and 2.2% in 2019 to 5.2%, 1.1%, and 0.0% in 2020, respectively.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
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