Student Receivables (Tables)

6 Months Ended

Jun. 30, 2023

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, 2023 and 2022 were as follows (dollars in thousands):

	For the Quarter Ended June 30,						For the Year to Date Ended June 30,
	2023			2022			2023			2022
Balance, beginning of period	$	43,944		$	43,657		$	43,141		$	39,255
Provision for credit losses		8,170			10,664			18,927			24,379
Amounts written-off		(9,608	)		(11,258	)		(20,136	)		(21,522	)
Recoveries		549			723			1,123			1,674
Balance, end of period	$	43,055		$	43,786		$	43,055		$	43,786