May 16, 2026

Capitalizations Index – B ∞/21M

Public Bailout Of Bezo Bungle Continues In Indiana

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Public Bailout Of Bezo Bungle Continues In Indiana

Regional accreditors have given approval to a plan which would allow Indiana's Purdue University, a public institution, to bail out Jeff Bezos' expensive education bungle "Kaplan University" in a deal which delivers the Bezos venture relief from the costs of operating the school. The Bezos venture will still be involved after selling the money sink to Purdue for a nominal sum. Kaplan is positioned to receive an unknown amount of ongoing income for delivering "marketing" and ancilliary "services" to Purdue.

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