Who Owns Keiser University? A Comprehensive Guide

 

Everglades College Inc
About Dr. Arthur Keiser, Ph.D.

Keiser University is a private university in Florida that offers various degree programs in different fields of study. The university has 28 campuses across the state and online, and serves over 19,000 students. But who owns Keiser University, and how did it become one of the largest private universities in Florida? In this article, we will answer these questions and provide you with more information about the history, accreditation, and reputation of Keiser University.

Table of Contents

  • Introduction
  • Who Owns Keiser University?
  • How Did Keiser University Start?
  • Is Keiser University Accredited?
  • What is Keiser University Known For?
  • Summary or Conclusion
  • FAQ or People Also Ask
  • Call to Action
  • Footer

Introduction

If you are looking for a university that can help you achieve your academic and career goals, you may have come across Keiser University. Keiser University is a private university that offers various degree programs in different fields of study, such as business, health care, criminal justice, education, information technology, and more. The university has 28 campuses across Florida and online, and serves over 19,000 students. But who owns Keiser University, and how did it become one of the largest private universities in Florida? In this article, we will answer these questions and provide you with more information about the history, accreditation, and reputation of Keiser University.

Who Owns Keiser University?

Keiser University is owned by Keiser University, Inc., a for-profit corporation. The university was founded in 1977 by Arthur Keiser, a businessman and education entrepreneur. The university operates 28 campuses in 21 states, as well as online degree programs. Keiser University is accredited by the Southern Association of Colleges and Schools Commission on Colleges. The university is named after its founder.

However, in 2011, Keiser University underwent a major change in its ownership structure. Arthur Keiser sold the university to Everglades College, Inc., a non-profit entity that he also founded and serves as the vice president3. Everglades College also owns Everglades University, another private university in Florida. The sale was financed by a $321 million loan provided by Arthur Keiser himself. The reason for this transaction was to avoid the scrutiny and regulations that for-profit colleges face from the government and the public. By becoming a non-profit institution, Keiser University could benefit from tax exemptions and access to more federal student aid.

However, some critics have questioned the legitimacy of this conversion, arguing that it was a mere legal maneuver to evade accountability and transparency. They claim that Arthur Keiser still maintains control over the university through his role in Everglades College and his loan agreement. In fact, in 2020, the U.S. House Committee on Education and Labor asked the U.S. Department of Education to review the non-profit status of Everglades College and its subsidiaries, including Keiser University. The committee expressed concerns about the potential conflicts of interest and misuse of federal funds involved in this arrangement.

How Did Keiser University Start?

Keiser University started as a small career college called the Keiser School in Fort Lauderdale in 1977. Arthur Keiser and his mother Evelyn founded the school to prepare students for jobs in Florida’s growing business and health care sectors. The school offered vocational training programs in fields such as accounting, secretarial skills, medical assisting, and nursing.

In 1982, the school changed its name to the Keiser Institute of Technology to reflect its expansion into computer-related programs. In 1986, the school became Keiser College and began to award associate degrees. In 2001, the college added its first bachelor’s degree programs in business administration and computer information systems. In 2006, the college became Keiser University and started to offer graduate degrees in fields such as education, psychology, criminal justice, and business administration.

Since then, Keiser University has grown rapidly both in size and scope. The university has opened new campuses across Florida and other states, as well as online. The university has also added new degree programs in various disciplines, such as engineering, biotechnology, sports management, culinary arts, chiropractic medicine, and more. The university has also established partnerships with international institutions in countries such as China, Nicaragua, Moldova, Taiwan, and Turkey.

Is Keiser University Accredited?

Keiser University is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), the regional accrediting agency for higher education institutions in the Southern states. SACSCOC is recognized by the U.S. Department of Education and the Council for Higher Education Accreditation as a reliable authority on the quality of education offered by its member institutions. Accreditation by SACSCOC means that Keiser University meets the standards of quality and effectiveness in its mission, goals, resources, policies, programs, and services. Accreditation also enables Keiser University to participate in federal student aid programs and to transfer credits to other accredited institutions.

In addition to regional accreditation, Keiser University also holds programmatic accreditation for some of its specific degree programs. Programmatic accreditation is granted by specialized agencies that evaluate the quality and standards of education in a particular field or discipline. Some of the programmatic accreditors that have recognized Keiser University’s programs are:

  • The Accreditation Council for Business Schools and Programs (ACBSP) for its business programs.
  • The Commission on Accreditation of Allied Health Education Programs (CAAHEP) for its medical assisting, diagnostic medical sonography, and surgical technology programs.
  • The Commission on Collegiate Nursing Education (CCNE) for its nursing programs.
  • The Council on Chiropractic Education (CCE) for its chiropractic medicine program.
  • The International Accreditation Council for Business Education (IACBE) for its business programs.

What is Keiser University Known For?

Keiser University is known for its career-oriented and student-centered approach to education. The university aims to provide students with the skills and knowledge they need to succeed in their chosen fields of study and in the competitive job market. Some of the features that distinguish Keiser University from other universities are:

  • Small class sizes: Keiser University limits its class sizes to an average of 12 students per instructor, which allows for more individualized attention and interaction.
  • Flexible scheduling: Keiser University offers classes in different formats and schedules, such as daytime, evening, weekend, hybrid, and online, to accommodate the needs and preferences of working adults and non-traditional students.
  • Hands-on learning: Keiser University emphasizes practical learning through simulations, labs, internships, externships, clinical rotations, and capstone projects that give students the opportunity to apply their theoretical knowledge to real-world situations.
  • Career services: Keiser University provides students with career guidance and assistance throughout their academic journey and beyond. The university offers services such as resume writing, interview preparation, job search strategies, career fairs, employer networking events, and alumni mentoring.

Summary or Conclusion

Keiser University is a private university in Florida that offers various degree programs in different fields of study. The university has 28 campuses across the state and online, and serves over 19,000 students. The university is owned by Keiser University, Inc., a for-profit corporation that sold the university to Everglades College, Inc., a non-profit entity founded by Arthur Keiser, the founder of Keiser University. The university is accredited by the Southern Association of Colleges and Schools Commission on Colleges and holds programmatic accreditation for some of its specific degree programs. The university is known for its career-oriented and student-centered approach to education.

FAQ or People Also Ask

Here are some of the frequently asked questions or related queries that people also ask about Keiser University:

  • How much does it cost to attend Keiser University?
    • The cost of attendance at Keiser University varies depending on the degree level, program, campus, and delivery mode. According to the university’s website, the estimated tuition and fees for the 2022-2023 academic year are as follows:
      • Associate degree: $20,208-$23,808
      • Bachelor’s degree: $40,416-$47,616
      • Master’s degree: $18,960-$28,080
      • Doctoral degree: $36,000-$54,000
    • These costs do not include other expenses such as books, supplies, transportation, housing, food, and personal expenses. The university offers financial aid options such as scholarships, grants, loans, and work-study programs to help students pay for their education.
  • Is Keiser University a good school?
    • Keiser University is a good school for students who are looking for a career-oriented and student-centered education. The university offers various degree programs in different fields of study that are relevant to the current and future needs of the workforce. The university also provides students with small class sizes, flexible scheduling, hands-on learning, and career services that can help them achieve their academic and professional goals. However, some factors that may affect the quality of education at Keiser University are:
  • The ownership structure: As mentioned earlier, Keiser University was sold by its founder to a non profit entity that he also founded and serves as the vice president. This raises questions about the legitimacy and transparency of the university’s operations and finances. Some critics have accused the university of evading accountability and regulations by becoming a non-profit institution.
    • The reputation and ranking: Keiser University is not ranked by major publications such as U.S. News & World Report, Forbes, or The Princeton Review. This may indicate that the university does not have a strong reputation or recognition among peers, employers, or students. However, some of the university’s programs have received positive reviews and ratings from independent sources such as Niche, College Factual, or GradReports. These sources may provide more insight into the quality and outcomes of the university’s programs.
    • The student satisfaction and outcomes: Keiser University has a mixed record of student satisfaction and outcomes. According to the university’s website, the student retention rate is 69%, the graduation rate is 65%, and the placement rate is 88%. These rates are above the national average for private universities. However, according to the U.S. Department of Education’s College Scorecard, the average annual cost of attendance at Keiser University is $26,704, which is higher than the national average of $23,680 for private universities. The average salary after attending Keiser University is $31,900, which is lower than the national average of $43,800 for private universities. The student loan default rate is 11%, which is higher than the national average of 9% for private universities. These figures may indicate that Keiser University may not provide a good return on investment for some students.

Therefore, whether Keiser University is a good school or not depends on your personal goals, preferences, and expectations. You should do your own research and compare Keiser University with other options before making a decision.

 

 

Bagikan: