Graham Holdings Company, through its subsidiaries, operates as an education and media company. The company provides various educational services both domestically and outside the United States. EDUCATION Kaplan, Inc. (Kaplan), a subsidiary of the company, provides a range of education and related services worldwide for students and professionals. Kaplan conducts its operations through three segments: Kaplan Higher Education, Kaplan Test Preparation (KTP), and Kaplan International. Kaplan Higher Education This segment provides a range of certificate, diploma, and degree programs—on campus and online—designed to meet the needs of students seeking to advance their education and career goals. In 2013, Kaplan’s U.S.-based Kaplan Higher Education segment included two businesses, Kaplan University and Kaplan Higher Education Campuses. Kaplan University: Kaplan University specializes in online education. Majority of Kaplan University’s programs are offered online, while some are offered in a traditional classroom format at 11 campuses in Iowa, Maine, Maryland, and Nebraska; and 4 Kaplan University Learning Centers in 4 states. Kaplan University also includes Concord Law School, an online law school. As of December 31, 2013, Kaplan University had approximately 36,500 students enrolled in online programs and approximately 6,400 students enrolled in its classroom-based programs. Also residing within Kaplan University is the School of Professional and Continuing Education (PACE). PACE offers a range of education solutions to assist professionals in advancing their careers by obtaining professional licenses, designations, and certifications. This includes solutions for insurance, securities, mortgage, and appraisal licensing exams and for advanced designations, such as CFA and CPA exams. PACE serves approximately 3,100 business-to-business clients, including approximately 70 Fortune 500 companies. In 2013, approximately 482,000 students used PACE’s exam preparation offerings. Kaplan Higher Education Campuses: As of December 31, 2013, the Kaplan Higher Education Campuses business comprised 46 schools in 13 states that were providing classroom-based instruction to approximately 17,400 students, which did not include the approximately 6,400 students enrolled at Kaplan University’s on-ground campuses. Each of these schools is accredited by one of various regional or national accrediting agencies recognized by the U.S. Department of Education. KTP In 2013, this segment included test preparation businesses in pre-college, graduate, health, and bar review. KTP also published test preparation and other books through its Kaplan Publishing business. Test Preparation: KTP’s pre-college and graduate businesses prepare students for a range of college and graduate school admissions examinations, including the SAT, ACT, LSAT, GMAT, MCAT, and GRE. KTP’s health business prepares students for medical and nursing licensure exams, including the USMLE and NCLEX. Kaplan Bar Review offers full-service bar review in 42 states and the District of Columbia, as well as review for the multistate portion of the bar exam nationwide. KTP delivers courses at various locations throughout the U.S., Canada, Puerto Rico, Mexico, and London. These courses are taught at approximately 60 KTP-branded locations and at various other locations, such as hotels, schools, and universities. KTP also offers courses online, which are delivered in a live online classroom and a self-study format. In addition, KTP licenses material for certain of its courses to third parties and to a Kaplan affiliate, which during 2013, delivered courses at 64 locations in 21 countries outside the U.S. KTP also offers programs and services, including college admissions examination preparation courses, directly to schools and school districts for students in kindergarten through 12th grade, and customized online programs for children from kindergarten through 8th grade and private tutoring in select markets. During 2013, KTP enrolled approximately 415,000 students in its courses, including approximately 170,000 enrolled in online programs. Publishing: Kaplan Publis
graham holdings co-class b (WPOB:Berlin)
1150 15th Street N.W.
Washington, DC 20071
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