v3.26.1
Student Receivables (Tables)
3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Changes in Current and Non-Current Receivables Allowance

We define student receivables as a portfolio segment under ASC Topic 326 – Financial Instruments – Credit Losses. Changes in our current and non-current allowance for credit losses related to our student receivable portfolio in accordance with the guidance under ASU 2016-13 for the quarters ended March 31, 2026 and 2025 were as follows (dollars in thousands):

 

 

For the Quarter Ended March 31,

 

 

 

2026

 

 

2025

 

Balance, beginning of period

 

$

45,411

 

 

$

43,520

 

Provision for credit losses

 

 

5,745

 

 

 

7,558

 

Amounts written-off

 

 

(9,891

)

 

 

(8,651

)

Recoveries

 

 

469

 

 

 

439

 

Balance, end of period

 

$

41,734

 

 

$

42,866