
Chamberlain University is a wholly owned institution of Adtalem Global Education (NYSE: ATGE), which acquired the nursing school in 2005. Originally founded as Deaconess School of Nursing in 1889, Chamberlain is now one of the largest nursing schools in the United States by enrollment, operating approximately 20 campus locations and online programs. Adtalem is headquartered in Chicago, Illinois, and is the largest healthcare educator in the US by enrollment.
Parent Company
Acquired
2005
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Chamberlain University | Covista (formerly Adtalem Global Education) | Wholly owned |
Chamberlain University traces its origins to 1889, when it was founded as the Deaconess School of Nursing in St. Louis, Missouri. The Deaconess movement, rooted in the German Protestant tradition, established hospitals and nursing schools across the United States in the late 19th century. The original school trained nurses for service in Deaconess Hospital and similar institutions.
The school operated as a hospital-based diploma nursing program for most of its early history. Diploma nursing programs were the standard model for nursing education in the United States from the late 1800s through the mid-1900s, with students living and working in hospital-affiliated training schools. As nursing education shifted toward college and university-based degree programs in the 1960s and 1970s, many diploma schools closed or transitioned to degree-granting institutions.
In 2005, DeVry Education Group acquired the Deaconess College of Nursing and rebranded it as Chamberlain College of Nursing. The name "Chamberlain" was chosen to evoke the concept of a chamberlain, a senior administrative official, reflecting the institution's focus on nursing leadership and management. At the time of acquisition, the school had a single campus in St. Louis and approximately 300 students.
Under DeVry (which renamed itself Adtalem Global Education in 2018), Chamberlain expanded aggressively. The institution added new campus locations across the United States, growing from one campus to approximately 20 locations by 2024. Campuses were opened in major metropolitan areas including Chicago, Atlanta, Phoenix, Houston, Dallas, Jacksonville, and others. The institution also launched online degree programs, which became a major growth driver.
Chamberlain achieved university status in 2017, changing its name from Chamberlain College of Nursing to Chamberlain University to reflect the addition of graduate programs and public health degrees. The institution now offers Bachelor of Science in Nursing (BSN), Master of Science in Nursing (MSN), Doctor of Nursing Practice (DNP), and Master of Public Health (MPH) programs.
In 2021, Adtalem acquired Walden University from Laureate Education for $1.18 billion. This acquisition made Adtalem the largest provider of nursing education in the United States by enrollment, combining Chamberlain's campus-based and online BSN programs with Walden's large online RN-to-BSN and graduate nursing programs. The combined nursing education enrollment exceeded 60,000 students.
In 2024, Adtalem completed the divestiture of its financial services education businesses (Becker Professional Review and ACAMS) to focus entirely on healthcare education. This strategic shift left Adtalem with a portfolio of healthcare-focused institutions: Chamberlain University, Walden University, Ross University School of Medicine, Ross University School of Veterinary Medicine, and American University of the Caribbean School of Medicine.
In April 2025, the Texas Board of Nursing considered changes to the approval status of Chamberlain's BSN program in Texas, citing concerns about NCLEX first-time pass rates. Chamberlain submitted a remediation plan and the program continued operating under monitoring. As of August 2026, Chamberlain continues to operate all campus locations and online programs.
What does Covista own?
Covista operates five accredited institutions: Chamberlain University, Walden University, Ross University School of Medicine, Ross University School of Veterinary Medicine, and American University of the Caribbean School of Medicine. Becker Professional Education operates as a professional certification division.
Is Covista publicly traded?
Yes, Covista is publicly traded on the New York Stock Exchange under the ticker symbol CVSA (formerly ATGE). The ticker changed on February 24, 2026. The company has been publicly traded since 1966 under various names.
Who founded Covista?
The company was founded in 1931 as DeVry Technical Institute by Herman A. DeVry. It was rebranded as Adtalem Global Education in 2017 and as Covista in February 2026.
Where is Covista headquartered?
Covista is headquartered in Chicago, Illinois. In 2025, the company moved to an 84,000-square-foot space in Willis Tower.
How many schools does Covista operate?
Covista operates five accredited institutions serving more than 100,000 students and 400,000 alumni across nursing, medicine, veterinary medicine, and graduate programs.
Who owns Covista?
Covista is publicly owned with shares traded on the NYSE under ticker CVSA. The company is owned by institutional investors, mutual funds, and individual shareholders.
What is Covista's revenue?
Covista reported FY2025 revenue of $1.79 billion, up 12.9% year over year, with adjusted EBITDA of $459.7 million and adjusted EPS of $6.67. Full-year FY2026 revenue guidance is approximately $2.07 billion.
As an educational institution, Chamberlain University's sustainability and ethics considerations differ from consumer goods brands. The university operates under Adtalem Global Education's ESG framework, which focuses on educational access, workforce development, and operational efficiency.
Adtalem published a 2024 Sustainability Report titled "Bridging the Gap" that outlines the company's commitment to health equity and healthcare workforce development. The report describes initiatives to increase diversity in nursing education, including scholarship programs for underrepresented students and partnerships with healthcare systems to create clinical placement pipelines.
Chamberlain's online education programs reduce the need for physical campus attendance, which lowers the carbon footprint associated with student commuting. However, Adtalem does not publish specific carbon emissions data or science-based targets for its educational operations. The company's physical campuses operate standard commercial building energy efficiency practices but do not hold independent sustainability certifications.
Chamberlain University is accredited by the Higher Learning Commission (HLC). Its BSN, MSN, and DNP programs are accredited by the Commission on Collegiate Nursing Education (CCNE). The institution holds state board of nursing approvals in each state where it operates campuses, though some programs are under monitoring as noted in the Recalls and Controversies section.
Chamberlain does not hold B Corp certification, cruelty-free certification, or other consumer-facing sustainability certifications, as these are not applicable to an educational institution.
Texas Board of Nursing Approval Review (April 2025): The Texas Board of Nursing considered changes to the approval status of Chamberlain College of Nursing's BSN program in Texas, citing concerns about NCLEX first-time pass rates that fell below the state benchmark. Chamberlain submitted a remediation plan including curriculum changes and additional student support measures. The program continued operating under monitoring as of August 2026. This is a regulatory compliance matter rather than a safety issue, but it affects the institution's reputation and student enrollment in Texas.
Student Complaints and BBB Profile: The Better Business Bureau has received numerous complaints from Chamberlain University students regarding program quality, financial aid disputes, course scheduling, and graduation requirements. Common complaints include difficulties transferring credits to other institutions, unexpected changes in program requirements, and concerns about the cost of tuition relative to employment outcomes. The BBB profile for Chamberlain University shows a pattern of consumer complaints, though the institution has responded to most complaints through the BBB process.
Tuition and Student Debt Concerns: Chamberlain University's tuition of approximately $88,000 to $95,000 for a BSN program is significantly higher than public university nursing programs, which typically cost $40,000 to $60,000 for in-state students. Students have raised concerns about high student loan debt loads upon graduation. The U.S. Department of Education College Scorecard data shows that Chamberlain graduates have median federal student loan debt that exceeds the national average for nursing programs. Adtalem maintains that its tuition reflects the cost of providing flexible, accelerated programs with year-round enrollment and online options.
Academic Quality and Employer Perception: Some healthcare employers and graduate programs have expressed concerns about the preparation level of Chamberlain graduates, particularly from online programs. Reports indicate that some employers prefer graduates from traditional campus-based public university nursing programs. Chamberlain has responded by increasing clinical hour requirements and implementing simulation-based learning enhancements. No formal regulatory action has been taken regarding academic quality standards.
Financial Aid and Recruitment Practices: As a for-profit educational institution, Chamberlain has faced scrutiny common to the sector regarding recruitment practices and financial aid transparency. The Gainful Employment Rule, reinstated by the Department of Education in 2024, requires for-profit programs to meet debt-to-earnings ratios. Chamberlain's nursing programs generally perform better on these metrics than other for-profit programs due to the high demand for nurses, but the regulatory environment remains a consideration.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Adtalem Global Education | USA (administrative; fully online delivery) | 1970 | Mass market | United states | All Genders | |
| Adtalem Global Education | Kingdom of the Netherlands | 1978 | Niche | United states | All Genders |
EducationOwned by Covista (formerly Adtalem Global Education)
Online university founded in 1970 in Minneapolis by Bernard and Rita Turner, owned by Covista Inc. (NYSE: CVSA) since August 2021 following a $1.48 billion acquisition from Laureate Education. Record enrollment of over 54,000 students in nursing, business, healthcare, education, and psychology programs. Accredited by the Higher Learning Commission.
EducationOwned by Covista (formerly Adtalem Global Education)
Caribbean-based offshore medical school offering the Doctor of Medicine degree, owned by Adtalem Global Education Inc. since 2011.
Market Positioning: Chamberlain University competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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