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Student Receivables (Tables)
 9 Months Ended
Sep. 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 September 30, 2024 and 2023 were as follows (dollars in thousands):

 

 

For the Quarter Ended September 30,

 

 

For the Year to Date Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Balance, beginning of period

 

$

37,271

 

 

$

43,055

 

 

$

37,782

 

 

$

43,141

 

Provision for credit losses

 

 

8,733

 

 

 

7,592

 

 

 

21,364

 

 

 

26,519

 

Amounts written-off

 

 

(8,032

)

 

 

(11,397

)

 

 

(22,085

)

 

 

(31,533

)

Recoveries

 

 

361

 

 

 

458

 

 

 

1,272

 

 

 

1,581

 

Balance, end of period

 

$

38,333

 

 

$

39,708

 

 

$

38,333

 

 

$

39,708