Adtalem Global Education Honors Over 5,500 Graduates at Walden University’s 70th Commencement

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Adtalem Global Education Inc. (NYSE: ATGE) celebrated the 70th commencement of Walden University, awarding over 5,500 degrees to graduates from various countries and states. The focus on healthcare programs aims to address the projected 10 million healthcare workforce shortage by 2030, with a significant number of degrees granted in nursing and social and behavioral health fields.

Amidst a Diverse Graduating Class, New Wave of Professionals Emerge Ready to Address the Projected 10 Million Healthcare Workforce Shortage Expected by 2030¹

CHICAGO--(BUSINESS WIRE)-- Adtalem Global Education Inc. (NYSE: ATGE) celebrated the 70th commencement of Walden University in January, honoring the accomplishments of the over 5,500 graduates since last year’s ceremony. The commencement brought together nearly 1,200 graduates from over 20 countries and almost 50 states to San Antonio, Texas.

Walden University, which offers more than 100 degree and certificate programs online, ranks No. 1 in the U.S. in granting master’s degrees in nursing, is among the top 3 largest nursing schools and is the top 5 grantors of Master of Social Work (MSW) degrees. These programs are designed for working adults, offering both instructor-led and self-paced options, and include practical experience through fieldwork, interactive simulations and case studies.

During the January commencement, more than 60% of degrees were awarded to healthcare professionals in the College of Nursing and the College of Social and Behavioral Health. These graduates are well positioned to help make significant contributions in addressing the critical shortages in the healthcare workforce, with a projected shortfall of 10 million healthcare workers by 2030. The most degrees were granted to graduates from the College of Nursing and the College of Social and Behavioral Health:

• 2,311 degrees from the College of Nursing, directly supporting efforts to bridge the nursing gap in healthcare, with the United States facing a shortage of up to 450,000 nurses by 2025².
• 1,161 degrees from the College of Social and Behavioral Health, many of which will help aid in filling jobs related to mental health, counseling and social work.

The newly minted alumni join a vast network of over 300,000 Adtalem graduates. Their efforts are pivotal in driving positive change across communities worldwide and demonstrate Adtalem’s commitment to making an outsized impact on the U.S. healthcare workforce, delivering practice-ready clinicians at scale.

Read more about the commencement here.

About Adtalem Global Education

Adtalem Global Education (NYSE: ATGE) is the No. 1 provider of healthcare education and a systemically important solution for preparing a diverse talent workforce that meets needs of the healthcare industry. We are redefining the education pathway into healthcare and meeting the evolving patient needs for a thriving society. Adtalem recognizes the potential in each individual and guides them to success while maintaining the top-tier standards and rigor needed to fill the workforce deficit, by creating more opportunities to connect practice-ready clinicians with employers at scale. We empower a diverse learner population to achieve their goals and make inspiring contributions to their communities with a family of institutions dedicated to nursing, medicine, veterinary medicine, social work and more. Our community is comprised of approximately 80,000 students, over 300,000 alumni and over 10,000 employees. Visit Adtalem.com for more information and follow us on LinkedIn, Instagram and Facebook.

¹ Bridging the Gap: WHO estimates a projected shortfall of 10 million health workers by 2030, mostly in low- and lower-middle income countries: https://www.who.int/health-topics/health-workforce#tab=tab_1

² By 2025, there could be a “gap of between 200,000 to 450,000 nurses available for direct patient care” in the United States, according to a May 2022 estimate from McKinsey & Co.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240301831704/en/

Investor Contact

Jay Spitzer, CFA

Investor.Relations@Adtalem.com

+1 312-906-6600

Media Contact

Talisha Holmes

AdtalemMedia@Adtalem.com

+1 872-213-6581

Source: Adtalem Global Education Inc.

FAQ

How many degrees were awarded during the recent Walden University commencement?

Over 5,500 degrees were awarded to graduates during the recent Walden University commencement.

What is the projected healthcare workforce shortage by 2030?

There is a projected shortage of 10 million healthcare workers by 2030.

Which program ranks No. 1 in the U.S. for granting master's degrees in nursing?

Walden University ranks No. 1 in the U.S. for granting master's degrees in nursing.

How many degrees were granted from the College of Nursing?

2,311 degrees were granted from the College of Nursing.

What is the shortage of nurses expected in the United States by 2025?

The United States is expected to face a shortage of up to 450,000 nurses by 2025.