--------------------------------------------------------------------------------
                                                                   EXHIBIT 99.01

--------------------------------------------------------------------------------
      FOR IMMEDIATE RELEASE                   For more information contact:
--------------------------------------------------------------------------------
                                          MARK C. BROWN, CHIEF FINANCIAL OFFICER
                                          Strayer Education, Inc.
                                          (703) 339-2558

                                          Valerie Carmello
                                          Brainerd Communicators, Inc.
                                          (212) 986-6667

          ----------------------------------------------------------------------


           STRAYER EDUCATION, INC. RECEIVES STATE APPROVAL TO OFFER
                        ITS PROGRAMS IN NORTH CAROLINA
                   - Plans to Open Three Campuses in 2002 -

Washington, D.C., March 18, 2002--Strayer Education, Inc. (Nasdaq:STRA) today
announced that its wholly-owned subsidiary, Strayer University, Inc., has
received regulatory approval from the University of North Carolina Board of
Governors, the applicable post-secondary regulatory authority in North
Carolina, to offer its programs in the State. Strayer University plans to open
three new campuses in North Carolina in 2002.

Robert S. Silberman, President and Chief Executive Officer of Strayer
Education, Inc., said, "We are very pleased to have received the necessary
state regulatory approval to commence operations at three new campuses in
North Carolina in 2002. We have chosen the campus sites, two located in
Charlotte and one in Raleigh-Durham, and we plan to open all three campuses in
time for the Summer Quarter classes commencing July 1st. This marks the first
entry into a state outside our current geographic footprint and the second
year in a row in which we plan to open three new campuses. This move signals
the continuing execution by our management team of our disciplined growth
strategy. We believe the North Carolina demographics are very favorable and we
have preliminary plans to open up to nine campuses in the State over a period
of years, subject to confirming those locations with regulators."

Strayer Education, Inc. (Nasdaq: STRA) (www.strayeredu.com) is an education
services holding company which owns Strayer University and certain other assets.
Strayer's mission is to make higher education achievable and convenient for
working adults in today's economy.

Strayer University (www.strayer.edu) is a proprietary institution of higher
learning which offers undergraduate and graduate degree programs in Business
Administration, Accounting, and Information Technology to more than 14,000
working adults at 17 campuses in Maryland, Virginia, Washington, DC and via
the Internet through Strayer ONLINE. Strayer University is committed to
providing an education that prepares working adult students for advancement in
their careers and professional lives. By constantly adapting to the latest
techniques and technologies used in business, we provide our graduates with
practical skills and a competitive edge in the changing marketplace.

Strayer University is accredited by the Middle States Commission on Higher
Education. Founded in 1892, Strayer attracts students from around the country
and throughout the world.







This press release contains statements that are forward looking and are made
pursuant to the "safe-harbor" provisions of the Private Securities Litigation
Reform Act of 1995 ("Reform Act"). The statements are based on the Company's
current expectations and are subject to a number of uncertainties and risks.
In connection with the Safe Harbor provisions of the Reform Act, the Company
has identified important factors that could cause the Company's actual results
to differ materially. The uncertainties and risks include the pace of growth
of student enrollment, our continued compliance with Title IV of the Higher
Education Act, competitive factors, risks associated with the opening of new
campuses and the timing of related regulatory approvals and general economic
and market conditions. Further information about these and other relevant
risks and uncertainties may be found in the Company's annual report on Form
10-K and its other filings with the Securities and Exchange Commission, all of
which are incorporated herein by reference and which are available from the
Commission. We undertake no obligation to update or revise forward looking
statements.

                                     # # # #