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Student Receivables (Tables)
 9 Months Ended
Sep. 30, 2021
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, 2021 and 2020 were as follows (dollars in thousands):

 

 

 

For the quarter to date ended September 30,

 

 

For the year to date ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Balance, beginning of period

 

$

42,876

 

 

$

39,044

 

 

$

42,147

 

 

$

31,964

 

Beginning balance related to business acquisitions

 

 

180

 

 

 

-

 

 

 

180

 

 

 

2,174

 

Provision for credit losses

 

 

10,192

 

 

 

11,519

 

 

 

36,364

 

 

 

36,706

 

Amounts written-off

 

 

(13,982

)

 

 

(10,479

)

 

 

(41,302

)

 

 

(32,213

)

Recoveries

 

 

756

 

 

 

637

 

 

 

2,633

 

 

 

2,090

 

Balance, end of period

 

$

40,022

 

 

$

40,721

 

 

$

40,022

 

 

$

40,721