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Strayer University is a private for-profit university with its headquarters in Washington, D.C. It was founded in 1892 as Strayer’s Business College and later became Strayer College, before being granted university status in 1998. Strayer University operates under the holding company Strategic Education, Inc. (Nasdaq: STRA), which was established in 1996 and rebranded after the merger with Capella University.
The university enrolls more than 50,000 students through both its online learning programs and 64 campuses located throughout 15 U.S. states and Washington, D.C. The university specializes in degree programs for working adults and offers undergraduate and graduate degrees in accounting, business administration, criminal justice, education, health services administration, information technology and public administration.
Siebert Irving Strayer founded Strayer’s Business College in Baltimore, Maryland in 1892. Strayer established the college to teach business skills to former farm workers, including shorthand, typing and accounting. Thomas W. Donoho joined the school in 1902. In its first decade of operations, enrollment at the school gradually increased, attracting students from other states, and in 1904 Strayer opened a branch of the school in Washington, D.C.
Enrollment further expanded as demand for trained accountants grew after the passage of the Revenue Act of 1913 and World War I increased the need for government clerks with office skills. During the 1930s, the college was authorized to grant collegiate degrees in accountancy by the Washington, D.C., board of education. The school founded Strayer Junior College in 1959, when it was given the right to confer two-year degrees. In 1969, the college received the accreditation needed to grant four-year Bachelor of Arts degrees and was renamed Strayer College.
1980s and 1990s
From the 1980s to the late 1990s, Strayer College grew rapidly; enrollment increased from approximately 1,800 in 1981 and 2,000 in 1983, to around 9,000 by 1997. The college expanded the range of degree programs and courses it offered to include subjects such as data processing management and health care management. In 1987, the college was given authorization to grant Master of Science degrees. During the 1990s, the college began to focus on offering information technology courses. According to The Washington Times, high demand for computer training due to the increased use of computers in offices and movement toward “knowledge-based” employment led to higher enrollment at Strayer. In addition, Strayer began providing training programs in computer information systems for companies including AT&T Corporation and government agencies such as the Internal Revenue Service. In 1996, the college launched Strayer Online to offer classes via the Internet.
Strayer University’s total enrollment is greater than 52,000 students. The student body is predominantly women of color. Seventy-four percent of the student body is female and 76 percent are people of color. The average age is 34.
Since the early 2000s, Strayer University has had a high proportion of minority students or people of color. The college has had more women students than men since the late 1990s. According to the university, two thirds of Strayer’s students are women and over half are African American or Hispanic. The National Center for Education Statistics reports that Strayer’s student body is 56 percent black, 21 percent white, and 13 percent Hispanic. The majority work full-time.
Many students receive financial assistance from federal government financial aid programs or education assistance programs operated by the U.S. Department of Defense and U.S. Department of Veterans Affairs; U.S. federal government sources accounted for 84.9 percent of Strayer’s 2010 revenue. In addition, about one-quarter of students have tuition assistance from their employers.