Student Receivables (Tables)

6 Months Ended

Jun. 30, 2024

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 and years to date ended June 30, 2024 and 2023 were as follows (dollars in thousands):

	For the Quarter Ended June 30,						For the Year to Date Ended June 30,
	2024			2023			2024			2023
Balance, beginning of period	$	38,554		$	43,944		$	37,782		$	43,141
Provision for credit losses		6,075			8,170			12,631			18,927
Amounts written-off		(7,821	)		(9,608	)		(14,053	)		(20,136	)
Recoveries		463			549			911			1,123
Balance, end of period	$	37,271		$	43,055		$	37,271		$	43,055