Strategic Education, Inc. is a post-secondary education provider focused on serving working adults through campus-based and online programs. The company operates through three primary segments. The U.S. Higher Education segment, which generated approximately 70% of total revenue in 2024, includes Strayer University and Capella University. These institutionally accredited universities offer flexible associate, bachelor's, master's, and doctoral degree programs. The Australia/New Zealand segment accounts for roughly 21% of revenue and comprises Torrens University, Think Education, and Media Design School, offering undergraduate and graduate courses in fields such as business, design, health, and hospitality. The Education Technology Services segment, representing about 9% of revenue, focuses on employer-affiliated education benefits programs through platforms like Workforce Edge and Sophia Learning, which provides low-cost, self-paced online courses recommended for college credit.
Strategic Education's business model relies on tuition and fees generated from student enrollments, as well as subscription revenues and employer partnerships in its technology segment. The company distinguishes itself by targeting the adult learner demographic, offering flexible online and hybrid learning formats designed to accommodate working professionals. By integrating traditional degree programs with alternative credentialing and employer-sponsored education benefits, Strategic Education maintains a diversified approach to the global higher education market.
