For-Profit Education Company Taps Bill Clinton As Honorary Chancellor

06/27/2010 05:12 am ET | Updated May 25, 2011
  • Huffington Post

Bill Clinton has added another bullet point to his resume: the former president will now be serving as "honorary chancellor" for Laureate Education Inc.

The company, which owns a global network of more than 50 campus-based and online institutions in 21 countries, tapped Clinton as an internal adviser. He will also be featured in campus visits and in the company's marketing material to students.

Laureate evolved out of Sylvan Learning Systems, a publicly traded company until three years ago. Sylvan's founder, Douglas L. Becker, took Laureate private in 2007 in a $3.82 billion buyout and has spent the past three years steering the company's education business abroad.

Laureate serves more than 500,000 students. The company says Clinton will help raise its international profile.

More:

Bill Clinton