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Jill Abramson Quote

In 2011 Kaplan’s fortunes were reversed by a new slate of regulations initiated by the Obama administration and approved by Congress that impacted the for-profit education sector, where Kaplan was a leader. In the third quarter of the year, Kaplan’s revenues tumbled 79 percent, as did its reputation.

Jill Abramson

In 2011 Kaplan’s fortunes were reversed by a new slate of regulations initiated by the Obama administration and approved by Congress that impacted the for-profit education sector, where Kaplan was a leader. In the third quarter of the year, Kaplan’s revenues tumbled 79 percent, as did its reputation.

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