American Public Education Q1 2008 Earnings Call Transcript

Discussion in 'Accreditation Discussions (RA, DETC, state approva' started by xgoddessx, Jun 4, 2008.

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  1. xgoddessx

    xgoddessx New Member

    from http://seekingalpha.com/article/80099-american-public-education-q1-2008-earnings-call-transcript?page=-1
    :
    "More recently our Associate Degree in General Studies which has 19 concentrations is being restructured into several Associates Degrees and Certificates. This structural change to move concentrations to Degrees has been submitted to the Higher Learning Commission for approval. We hope to begin enrolling students in these programs by the end of 2008. The new Associates Degrees are designed to be eligible for Title IV. Currently our Associate Degree in General Studies is not eligible because of our core profit status."

    What does that mean? How can a program be "designed" to be eligible for Title IV?

    Does anyone happen to know what this means?

    Thanks!
     
  2. xgoddessx

    xgoddessx New Member

    Never mind. Sorry. I should have kept reading:

    "On the associates degrees, our associate degrees have been eligible for military tuition assistance and we did not know, we actually had created an associates degree in general studies with 20 some concentrations figuring that worked out really nicely for moving up in to a bachelors degree but unbeknownst to us, since we function without Title IV for many years, if you are a for profit institution, a degree in general studies is not eligible for Title IV simply because it theoretically doesn’t lead to a job. So, you have to have associates degrees with the actual degree itself in a format that leads to a job so our academic faculty went through and restructured the degrees. We’ve put that application forth to the Higher Learning Commission and we expect to hear over the next couple of months from the. I think they’ll be fine with it namely because we’re really not changing the programs, we’re just restructuring it in to multiple degrees instead of multiple concentrations and they understand that as a for profit we have this issue with Title IV access for our students."
     

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