Perdoceo Education Corp.
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About
Perdoceo Education Corporation operates as a provider of postsecondary education through online and campus-based programs in the United States. Headquartered in Chicago, Illinois, the company delivers career-focused education primarily through two institutions: Colorado Technical University (CTU) and American InterContinental University (AIU). These schools offer associate, bachelor's, master's, and doctoral degree programs in fields including healthcare, business, technology, criminal justice, and design. The company serves approximately 43,000 students across its platforms and employs around 2,400 people. Perdoceo operates through a flexible learning model that combines online instruction with limited physical campuses, allowing students to pursue degrees while managing work and personal commitments. The company generates revenue primarily through tuition and fees, with students utilizing various payment methods including federal Title IV financial aid programs, private loans, and employer reimbursement. In recent years, Perdoceo has focused on improving student outcomes, maintaining regulatory compliance, and returning capital to shareholders through share repurchases and dividends. The company completed its rebranding from Career Education Corporation to Perdoceo Education Corporation in 2020. As a publicly traded entity on NASDAQ under ticker PRDO, the company reports annual revenues of approximately $600 million and maintains accreditation through the Higher Learning Commission.