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|We are 15 today...|
It was 15 years ago today that Laureate was born. On April 1, 1999, we acquired the 6,000-student Universidad Europea (UE) in Madrid, Spain. Since then, we’ve grown into a network of more than 80 institutions in 30 nations, with over 850,000 students.
UE is a shining example of what Laureate institutions can accomplish in terms of outcomes, innovation and thought leadership. More than 90 percent of UE graduates are employed within 12 months of graduation — in a country where youth unemployment is at near-historic levels. Four Nobel laureates have been awarded honorary doctorates from UE: Shirin Ebadi, Mario Vargas Llosa, Nelson Mandela and Lech Wałęsa. And, since its acquisition by Laureate, the university has prepared a generation of physicians, designers, engineers, architects and teachers to benefit their communities.
And now we have several leading institutions in many other countries that, like UE, exemplify the Laureate vision. We have remained true to the compass that guides us — making quality higher education accessible and affordable so our students can pursue their dreams. We have created the world’s largest education network and have built virtual bridges that connect our institutions, students and faculty to each other as well as to best practices and world-class services. Every day, our students, alumni, faculty, administrators and partners are making a meaningful difference in their communities.
We continue to be trailblazers in new and existing Laureate markets like Africa and the Middle East. The Saudi Arabian government has entrusted Laureate to create 11 professional-vocational institutions. In Australia, we recently enrolled our inaugural class at Torrens University, the country’s first accredited private university in more than 20 years.
This is a time of extraordinary disruption in education but also a time of great opportunity. Our network is strong, but there is still much untapped potential in what can be shared and learned among our institutions. Our strict emphasis and analysis of student outcomes, especially as they relate to the employability of our graduates, must remain a hallmark of our work. This will allow us to focus our time and resources on what matters most: our students. All of us must continue to uphold the values of Laureate and honor our commitments to all of our stakeholders and to each other.
Over the past 15 years, none of our success would have been possible without the world-class team at Laureate. I could not be more proud of what we have built together, and I truly believe the best is yet to come. I look forward to many more anniversaries and shared milestones as Laureate continues its journey to be “Here for Good.”
All the best,
Founder, Chairman & CEO
Laureate Education, Inc