ADDED
Our operations also include the Education Technology Services segment, which primarily develops and maintains relationships with employers to build education benefits programs that provide employees access to affordable and industry-relevant training, certificate, and degree programs, including through Workforce Edge, a full-service education benefits administration solution for employers, and Sophia Learning, which offers low-cost online general education-level courses.
As of December 31, 2025, our three reportable segments consisted of U.S.
Student Profile The following is a breakdown of students by program level enrolled in the USHE Universities as of the 2025 fall term: Program Capella University students Strayer University students Total USHE students Percentage of USHE students Bachelor s 20,475 24,259 44,734 52 % Master s 22,391 6,116 28,507 34 % Doctoral 7,827 7,827 9 % Associate s 2,928 2,928 3 % Certificate/Other 1,060 250 1,310 2 % Total students 51,753 33,553 85,306 100 % The USHE segment has a very diverse student population.
Of the students enrolled in the USHE Universities programs as of the 2025 fall term, approximately 70% were age 31 or older, approximately 72% were engaged in part-time study, approximately 75% of students self-reporting their gender were female, and approximately 61% of students self-reporting their ethnicity were minorities.
The GuidedPath delivery model consists of credit-hour courses offered on a quarterly academic schedule, which coincide with calendar quarters.
GuidedPath courses are developed to be asynchronous, allowing students to attend each course according to their weekly schedule.
GuidedPath students demonstrate their mastery of competencies through authentic assessments and must participate weekly in discussions and/or respond to questions posed by the instructor and other students.
In FlexPath, faculty assess students mastery of competencies through authentic assessments submitted by students.
The primary exceptions to Capella University s online format are programs that require in person or supervised clinical or practicum experiences to meet licensure, accreditation, or professional practice requirements.
Depending on the program, the duration of certificate programs ranges from two quarters to approximately two years.
REMOVED
Our operations also include the Education Technology Services segment, which primarily develops and maintains relationships with employers to build employee education benefits programs that provide employees access to affordable and industry-relevant training, certificate, and degree programs.
As of December 31, 2024, our three reportable segments consisted of U.S.
Student Profile The following is a breakdown of students by program level enrolled in the USHE Universities as of the 2024 fall term: Program Capella University students Strayer University students Total USHE students Percentage of USHE students Bachelor s 21,818 29,096 50,914 57 % Master s 21,479 5,619 27,098 31 % Doctoral 7,435 7,435 8 % Associate s 2,257 2,257 3 % Certificate/Other 1,038 118 1,156 1 % Total students 51,770 37,090 88,860 100 % The USHE segment has a very diverse student population.
Of the students enrolled in the USHE Universities programs as of the 2024 fall term, approximately 70% were age 31 or older, approximately 75% were engaged in part-time study, approximately 78% of students self-reporting their gender were female, and approximately 59% of students self-reporting their ethnicity were minorities.
Capella University s GuidedPath delivery model consists of credit-hour courses offered on a quarterly academic schedule, which coincide with calendar quarters.
Capella University develops GuidedPath courses to be asynchronous, allowing students to attend each course according to their weekly schedule.
GuidedPath students demonstrate their mastery of competencies through authentic assessments.
They must participate weekly in discussions and/or respond to questions posed by the instructor and other students comments.
In FlexPath, faculty assess students mastery of competencies through authentic assessments upon student submission.
The primary exception to Capella University s online format is for specific doctoral and master s degree programs related to professional licensure.