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Student Receivables (Tables)
 12 Months Ended
Dec. 31, 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 years ended December 31, 2024, 2023 and 2022 were as follows (dollars in thousands):

 

 

 

For the year ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Balance, beginning of period

 

$

37,782

 

 

$

43,141

 

 

$

39,255

 

Provision for credit losses

 

 

33,719

 

 

 

33,215

 

 

 

41,574

 

Amounts written-off

 

 

(29,606

)

 

 

(40,590

)

 

 

(40,455

)

Recoveries

 

 

1,625

 

 

 

2,016

 

 

 

2,767

 

Balance, end of period

 

$

43,520

 

 

$

37,782

 

 

$

43,141