As a public benefit limited liability company, AllCampus will further its mission of providing quality education at the lowest possible cost
Chicago (January 18, 2023) –– AllCampus, a leading online program management services provider partnering with top-ranked institutions to make higher education more affordable, accessible and equitable, today announced its new status as a public benefit limited liability company (PB LLC).
The purpose of a PB LLC is to generate social and public good by operating responsibly and sustainably. By becoming a PB LLC, AllCampus will be able to further its goal of providing the highest quality service to its partner universities at the most affordable cost in the industry to students. With its proprietary technology and corporate alliances, AllCampus supports employer-driven programs and partnerships that are inherently more valuable to students at the lowest possible price.
“By converting AllCampus into an official public benefit corporation, we’re able to solidify our mission in legal terms and structure ourselves to serve the greater good,” said Joe Diamond, CEO of AllCampus. “Our organization is full of people who want to create change and make an impact by increasing accessibility and driving down the cost of higher education. Becoming a PB LLC further strengthens our mission as a company.”
As a PB LLC, AllCampus is responsible for managing the interest of its members, the best interests of those significantly affected by AllCampus’ conduct, and the public benefit. Although transitioning to a PB LLC status does not change AllCampus’ offerings, it will serve as a guiding principle as it rolls out new initiatives to further expand and grow the company.
“AllCampus becoming a PB LLC doesn’t change our key offerings, but it does underscore our core values,” said Diamond. “This new status will serve as a daily reminder that we are here to serve the benefit of the public and make a difference through our mission.”
To learn more about AllCampus and its services and university partners, please visit: allcampus.com.
About AllCampus
With a mission to make higher education more affordable, accessible and equitable for all students, AllCampus partners with leading universities to provide online degree and certificate programs that meet the evolving needs of employees, corporations and the job market. By providing tailored solutions that solve universities’ true pain points — marketing, student recruitment and retention, program viability research, student support services and instructional design — AllCampus helps its partners optimize student outcomes and return on investment. The AllCampus corporate partner network comprises over 4,000 companies and reaches more than 20 million working professionals with online degrees and upskilling certificate programs from AllCampus’ partner institutions. To learn more, follow AllCampus on LinkedIn or visit allcampus.com.
Contact:
press@allcampus.com
