Inspiring News Articles
Excerpts of Highly Inspiring News Articles in Major Media
Below are one-paragraph excerpts of highly inspiring news articles from the major media. Links are provided to the original inspiring news articles on their media websites. If any link fails, read this webpage. The most inspiring news articles are listed first. You can also explore the news articles listed by order of the date posted. For an abundance of other highly inspiring material, see our Inspiring Resources page. May these inspiring news articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
The largest for-profit college company on the planet raised $490 million in its public debut on Wednesday. Laureate Education, an education juggernaut that is backed by big-name investors like Henry Kravis and Steve Cohen and counts Bill Clinton as its former honorary chancellor, listed its stock on the Nasdaq. The company, which operates colleges primarily outside the United States, is notable for being the first public benefit corporation to go public. That means it incorporated as a new type of company that seeks to balance an appetite for profits with the desire to positively impact society. This is in addition to its certification as a B Corp by the non-profit B Lab, along with 2,000 other companies like Patagonia and Warby Parker, most of whom have opted to stay private. By casting itself as part of the do-gooder crowd and having such a small presence in the U.S., Laureate has managed to distance itself from the nation's for-profit college sector, which received increased scrutiny under the Obama Administration. Corinthian College, for instance, declared bankruptcy and closed its campuses after regulators zeroed on its marketing practices and high loan default rates among students. Laureate and its proponents portray the company as one that is focused on expanding access to higher education in emerging markets to support a rapidly-growing middle class.
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