Quest Education Corporation

Quest Education Corporation was a for-profit educational company in the United States, based in Georgia, which was acquired by Kaplan, Inc. in 2000 ^[1] to become the "Kaplan Higher Education" division of that company.

History

Quest was founded by Gary D. Kerber in 1988 as Educational Medical, Inc., and started up by acquiring seven schools in 1988 and 1989 focused on health care education. Over time Quest began acquiring schools in different fields and in other U.S. states. ^[2] In September 1998, the company changed its name to Quest Education Corporation. ^[3]

In 1998, it acquired five Iowa colleges, including three branches of Hamilton College in Iowa, and American Institute of Commerce schools in Cedar Falls, Iowa and Davenport, Iowa ^[4]

At the time it was acquired by Kaplan in July 2000, Quest had 30 schools in 11 U.S. states. ^[5]

In October 2007, Kaplan renamed a number of former Quest assets under the Kaplan University name. In 2017, Kaplan University was sold to Purdue University, with the aim of changing it into a nonprofit online institution now known as Purdue University Global. ^{[6] [7] [8] [9]}

References

1. "The Corporations Devouring American Colleges".
2. Employer Profile | Kaplan Higher Education Corporation, Careerlink.com, Retrieved March 14, 2013
3. (22 September 1998). Educational Medical, Inc. Changes Name To Quest Education Corporation, Business Wire
4. 3 Hamilton colleges, 2 AIC schools purchased by Georgia corporation Archived 2016-03-05 at the Wayback Machine , The Gazette (Cedar Rapids)
5. (27 July 2000). Kaplan, Inc. Completes Acquisition of Quest Education, WashPostCo.com (press release)
6. "Purdue Buys Kaplan University, Will Create New Nonprofit Chain | Inside Higher Ed". Archived from the original on 2017-08-09. Retrieved 2017-05-04.
7. "Regulatory Hurdle for Purdue-Kaplan Deal - Inside Higher Ed". Archived from the original on 15 July 2018. Retrieved 17 July 2018.
8. Purdue University (March 5, 2018). "Purdue University receives HLC approval for Purdue Global". Archived from the original on March 6, 2018. Retrieved March 5, 2018.
9. "Kaplan Closes Transaction with Purdue for the Assets of Kaplan University" (Press release). 22 March 2018. Archived from the original on 15 July 2018. Retrieved 17 July 2018.