Public Benefit Corporation
In 2015, Laureate Education converted to a Public Benefit Corporation as a demonstration of its long-term commitment to its mission to benefit our students and society. Laureate Education also elected to have its social and environmental performance, accountability, and transparency assessed against the proprietary criteria established by an independent, non-profit organization, which has designated us as a “Certified B Corporation.” We have achieved a rigorous form of certification for social responsibility through Laureate Education and Walden becoming Certified B Corporations®.
High Levels of Community Engagement
More than 22,500 students, alumni, faculty, staff, and other members of the Walden Community and Laureate International Universities network participated in Walden’s Global Days of Service from October 17–23, 2016, helping to make a difference in the lives of people worldwide through more than 220 service projects totaling more than 220,000 volunteer hours.
Walden alumni have a 64% average rate of volunteerism, compared with the national average among college graduates of 39%, according to the Bureau of Labor Statistics (2014).*
*(2015 Walden Alumni Satisfaction Survey; www.WaldenU.edu/survey_methodology; % calculated on total number of respondents to our 2015 survey)
Innovative Leaders in Distance Education
Walden is One of Only Six Institutions Approved by the U.S. Government to Offer Direct Assessment Competency-Based Education
Walden University introduced Tempo Learning™ by Walden in 2015, a custom-paced educational experience for students who want to earn their degree on their terms. The initial program offered through Tempo Learning was the competency-based MS in Early Childhood Studies. Walden became only the sixth institution with direct assessment approval by the U.S. Department of Education, and this particular program is the nation’s first competency-based master’s program in early childhood that uses this learning modality. Walden continues to add competency-based degree and certificate programs, including Master of Business Administration (MBA) and Master of Healthcare Administration (MHA).
Diverse and Inclusive
- The average age of a Walden student is 40.
- The university has a total enrollment of more than 57,000 students as of December 31, 2016. Students reside in all 50 states and in more than 150 countries.
- Walden’s student population is 52% minority and 74% female.†
- Walden University is ranked No. 1 for conferring graduate degrees in multiple disciplines to African American students and all minority students combined, according to Diverse: Issues in Higher Education’s 2016 Top 100 Producers of Minority Graduate Degrees.‡
- Walden is No. 1 among 370 accredited U.S. institutions for awarding doctorates to African Americans, according to the Survey of Earned Doctorates, National Science Foundation.
- According to the 2016 Walden University Study: Career and Well-Being Outcomes, conducted by Gallup, Walden University masters and doctoral graduates are thriving and advancing in their careers. Gallup conducted web surveys of Walden masters and doctoral degree holders and a nationally representative sample of graduate degree holders, including an online comparison group. This study finds Walden alumni reflect a more diverse population than the other graduate degree holders surveyed, and the results demonstrate that Walden’s graduates fare well not only when compared with other online graduates, but also with graduate programs nationally.
- Most notably, among graduates who have been promoted, achieved a salary raise or changed careers since obtaining their graduate degrees, Walden graduates are more likely to cite their degree as being important to getting promoted (81% vs. 76% online comparison group or 70% nationally), achieving a salary raise (74% vs. 71% and 69% respectively), and successfully changing careers (82% vs. 76% for the other two groups).§
† Fall 2016 enrollment data
‡ Source: Diverse: Issues in Higher Education analysis of U.S. Department of Education reports submitted by institutions, on the internet at http://diverseeducation.com/top100/.
§ Results from the Gallup-Walden Study of Graduate degree holders are based on web surveys conducted in early 2016. The online comparison group refers to graduate degree holders who completed at least half of their graduate courses online and who were interviewed via the national graduate study. www.WaldenU.edu/gallup.
Demonstrated Financial Aid Outcomes
According to data released by the U.S. Department of Education, Walden’s 2014 three-year cohort default rate of 7.5% is below the 11.5% national average student loan default rate. The most recent default rate data represent the cohort of borrowers whose first loan repayments were due between October 1, 2013, and September 30, 2014, and who defaulted between October 1, 2013, and September 30, 2016. The data were collected from 6,173 participating institutions.**
The average annual federal student loan amounts of Walden graduate degree-level borrowers was not statistically different to the federal loan amounts of students at public and private non-profit institutions from 2011 through 2012. This is according to a recent study by the American Institutes for Research (AIR) analyzing Walden’s loan data and data from the 2011-2012 National Postsecondary Student Aid Survey.
** U.S. Department of Education on the internet at http://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html.
Surveys Indicate Student Satisfaction
89% of Walden graduates responding to our survey say that they are very satisfied or satisfied with their alma mater.††
More than 97% of our graduates’ employers who responded to our survey say they would hire another Walden graduate.††
†† Source: www.WaldenU.edu/survey_methodology; % calculated on total number of respondents to our 2015 survey.