KKR’s Education Deal
Education2020, which is known as E2020, provides online courses across 43 states in subjects ranging from algebra to earth science to “A Midsummer Night’s Dream.”
Its products focus on so-called credit recovery, the fastest-growing segment of the online education sector. The credit recovery market serves students who have fallen behind and need to take additional courses to graduate.These self-paced online classrooms provide a solution for budget-constrained schools that are under pressure to raise their graduation rates but cannot afford to hold additional classes.