American Public Education, Inc.
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About
American Public Education, Inc. (APEI) provides online and campus-based postsecondary education primarily serving military and public service communities. Headquartered in Charles Town, West Virginia, the company operates through two primary institutions: American Public University System (APUS) and Rasmussen University. APUS offers online degree programs tailored to military service members, veterans, and public safety professionals, while Rasmussen University provides both online and ground-based programs across nursing, health sciences, technology, business, and early childhood education through its network of campuses in the Midwest. APEI serves approximately 85,000 students across its institutions. The company acquired Rasmussen University in 2018, significantly expanding its physical footprint and diversifying beyond its military-focused online education roots. APEI generates revenue primarily through tuition and fees, with a substantial portion derived from federal student financial aid programs and military tuition assistance benefits. The company faces ongoing challenges in a competitive higher education market, including enrollment pressures and regulatory scrutiny of for-profit education institutions. Recent strategic initiatives include investments in career-focused programming, workforce development partnerships, and efforts to improve student outcomes and retention rates. APEI competes with both traditional nonprofit universities and other for-profit education providers in the online and career education segments.