Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from the line of Amy Junker with Robert W. Baird. Please proceed.
Amy Junker - Robert W. Baird
Hi, everyone. Thanks for taking my question. I guess first question just within DeVry University, Daniel, now that we have the fall enrollment numbers, can you give us a little bit more color in terms of if you saw really a meaningful pickup in the high school students in that class or at this point if the growth is really still being driven by working adults? And then along that vein, have you started recruiting at the high school for next fall yet and any early feedback in terms from the high school market you could share with us?
Daniel Hamburger
Sure. Thanks Amy and we’re pleased with the progress we’re making in revitalizing our high school, in recruiting efforts with relatively new leadership and new high school presentation, visiting more high schools and reaching more high school students where we reach about three quarters of a million high school students per year with that program. Yes, we did see an increase in the fall in both Ross segments both the high school graduate segment and the adult student segment. It’s going in the right direction, not where we wanted to be within the high school market, but we’re committed to the high school market.
We’ve done some recent work looking at the [asset] program and based on that analysis and based on that work we’ve re-committed to that and we’re committed to that high school segment. And the early indications for the future classes continue to move in that same positive direction. So thanks a lot for asking about that.
Amy Junker - Robert W. Baird
Great. And I think if I can ask a quick follow up with respect to Sallie Mae, I am just curious if their recent decision has impacted your thoughts or strategy at all going forward on adding more associate degrees to your repertoire or if that’s changed at all?
Daniel Hamburger
No, it hasn’t. We continue to look at our portfolio and recognize that we don’t have as much presence at the pre-baccalaureate level as we should; it’s a huge market, it’s a growing market for education, educational services, and has a tremendous need. And as we've always said, our intent is in the opportunity that we see there for a player who is a high-quality positioned player at the pre-baccalaureate level.
- To read the full transcript on Seeking Alpha, click here »
