Strayer Education (STRA)

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Scott Redmond

Business Overview

Strayer Education, Inc. is an education services holding company whose primary asset is Strayer University, a 115 year old institution of higher learning focused on educating working adults.

Strayer University, founded in 1892, offers Bachelor's and Master's level degree programs in Business Administration, Accounting, Computer Information Systems, Education, Health Services Administration and Public Administration. Strayer serves students at 47 physical campuses in Maryland, the District of Columbia, Virginia, North Carolina, South Carolina, Tennessee, Pennsylvania, Georgia, Florida, Delaware, Alabama, and Kentucky. Also, Strayer University serves students in all 50 states and more than 60 foreign countries worldwide on the Internet through Strayer University Online.

Strayer's revenue comes from tuition payments and fees paid by, or on behalf of, Strayer University students. That revenue comes in essentially three forms. Roughly half is paid through federally insured student loans by banks, approximately 20% is paid directly to Strayer by corporations or institutions on behalf of their employees who attend Strayer, and the remainder is paid by students through their own sources of credit.

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