By Gary Gately
With the reputation of U.S. for-profit colleges in tatters, one company has found a convenient way to circumvent regulation in this country: by operating primarily in overseas markets.
Baltimore-based Laureate Education, the world’s largest for-profit higher-education company by enrollment (with about 1 million students now enrolled worldwide), operates in a sector plagued by government scrutiny in the U.S. and in which one major for-profit education company, Corinthian Colleges, declared bankruptcy earlier this year.