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Strayer University company history timeline

1928

After World War I, the Strayer College of Accountancy was established as a separate institution in 1928, and the emphasis of study shifted to preparation for the certified public accountant examination.

1929

In 1929, a separate school, the Strayer College of Accountancy, was founded and licensed to grant degrees by the Board of Education of the District of Columbia.

1959

By 1959, Strayer began to incorporate the new accounting curriculum with various courses offered by the business college.

1964

As quoted in the Strayer Junior College newsletter, Strayer Topics, in April of 1964, Chairman of the Board Murray T. Donoho said, “Anybody working for an organization of any size in the next five years will be in the midst of automation.

Further, Strayer launched a major endeavor to modernize its curriculum in September 1964 by adding data processing as a degree prerequisite for their accounting programs.

1974

Ron Bailey had received his bachelor of science degree from Strayer College and returned to the college shortly thereafter in 1974 as a part-time instructor of business courses.

1980

In 1980, Doctor Charles E. Palmer was elected Chairman of Strayer’s Board of Directors.

1981

In 1981, Strayer became the first proprietary school in the country to receive regional accreditation when it was so endorsed by the Commission of Higher Education of the Middle States Association.

1989

In 1989, the ownership and presidency of Strayer changed hands when Ron K. Bailey bought the college from Charles E. Palmer.

1993

In 1993, Doctor Harold Abel, an experienced leader in higher education and former president of three universities, joins Steve Shank to found The Graduate School of America, now called Capella University.

1996

In 1996, the University launched a groundbreaking online learning program that remains popular among working adults.

In 1996, Strayer Education, Inc., was established as the parent company of Strayer College in order to take the business public.

2000

In 2000, the university gained approval from the District of Columbia Education Licensure Commission to offer programs for a master of science degree in communications technology, as well as associate in arts degrees in computer networking and acquisition and contract management.

2001

As Silberman told the Washington Post on July 9, 2001, each new campus required an investment of only $1 million, half of which went to the necessary equipment and the other half of which was used to cover losses until the school began to pay for itself.

2002

McTague, Jim, “Strayer Education’s Lofty Growth Plans Mirror the Expanding Market for Professional Training,” Barron’s Online, August 5, 2002.

2010

Michael Plater, who joined Strayer University in 2010, was named president this year.

2011

By 2011, the Jack Welch Management Institute became a part of Strayer University to offer executive education programs based on the leadership principles of Jack Welch, the former chairman and chief executive officer of General Electric.

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Founded
1924
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Headquarters
Herndon, VA
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