| Schedule II Valuation and Qualifying Accounts |
AMERICAN PUBLIC EDUCATION, INC. Schedule II Valuation and Qualifying Accounts | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at
Beginning of
Period | | Additions/ (Reductions) | | Write-Offs | | Balance at
End of Period | | | (in thousands) | | Year ended December 31, 2025: | | | | | | | | | | American Public University System Segment | | $ | 2,993 | | | $ | 3,536 | | | $ | (2,367) | | | $ | 4,162 | | | Rasmussen University Segment | | 4,644 | | | 9,710 | | | (9,499) | | | 4,855 | | | Hondros College of Nursing Segment | | 10,378 | | | 8,162 | | | (6,444) | | | 12,096 | | Corporate and Other1 | | 1,265 | | | (623) | | | (642) | | | — | | | Allowance for receivables | | $ | 19,280 | | | $ | 20,785 | | | $ | (18,952) | | | $ | 21,113 | | | Year ended December 31, 2024: | | | | | | | | | | American Public University System Segment | | $ | 2,770 | | | $ | 2,281 | | | $ | (2,058) | | | $ | 2,993 | | | Rasmussen University Segment | | 3,922 | | | 8,348 | | | (7,626) | | | 4,644 | | | Hondros College of Nursing Segment | | 8,130 | | | 7,211 | | | (4,963) | | | 10,378 | | | Corporate and Other | | 537 | | | 728 | | | — | | | 1,265 | | | Allowance for receivables | | $ | 15,359 | | | $ | 18,568 | | | $ | (14,647) | | | $ | 19,280 | | | Year ended December 31, 2023: | | | | | | | | | | American Public University System Segment | | $ | 1,711 | | | $ | 2,694 | | | $ | (1,635) | | | $ | 2,770 | | | Rasmussen University Segment | | 4,547 | | | 8,694 | | | (9,319) | | | 3,922 | | | Hondros College of Nursing Segment | | 6,938 | | | 5,691 | | | (4,499) | | | 8,130 | | | Corporate and Other | | 132 | | | 405 | | | — | | | 537 | | | Allowance for receivables | | $ | 13,328 | | | $ | 17,484 | | | $ | (15,453) | | | $ | 15,359 | |
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