Quest Education Corporation Explained

Quest Education Corporation was a for-profit educational company in the United States, based in Georgia, which was acquired by Kaplan, Inc. in 2000^[1] to become the "Kaplan Higher Education" division of that company.

History

Quest was founded by Gary D. Kerber in 1988 as Educational Medical, Inc., and started up by acquiring seven schools in 1988 and 1989 focused on health care education. Over time Quest began acquiring schools in different fields and in other U.S. states.^[2] In September 1998, the company changed its name to Quest Education Corporation.^[3]

In 1998, it acquired five Iowa colleges, including three branches of Hamilton College in Iowa, and American Institute of Commerce schools in Cedar Falls, Iowa and Davenport, Iowa^[4]

At the time it was acquired by Kaplan in July 2000, Quest had 30 schools in 11 U.S. states.^[5]

Later history

In October 2007, Kaplan renamed a number of former Quest assets under the Kaplan University name.

Notes and References

1. Web site: The Corporations Devouring American Colleges.
2. https://archive.today/20130410164002/http://careerlink.com/employer/profile/1302 Employer Profile | Kaplan Higher Education Corporation
3. (22 September 1998). Educational Medical, Inc. Changes Name To Quest Education Corporation, Business Wire
4. http://nl.newsbank.com/nl-search/we/Archives?p_product=CR&z=CRGB&p_theme=cr&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0EAFE9A3C61685AD&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM 3 Hamilton colleges, 2 AIC schools purchased by Georgia corporation
5. (27 July 2000). Kaplan, Inc. Completes Acquisition of Quest Education, WashPostCo.com (press release)