Platt Spencer played a role in the formation of Bryant & Stratton College serving as a partner and teacher at the school which originally focused on bookkeeping and standardized penmanship. Bryant & Stratton College was organized in 1854 to provide practical workplace education, and was formerly known as Bryant and Stratton Business Institute. A year later they developed programs for women. The college became well known in the middle of the 19th century under Platt's influence.
In addition to the Cleveland school, Bryant and Stratton established business schools that operated under the name of Bryant & Stratton & Co's chain of International Commercial Colleges in most major US cities. By 1864 as many as 40 to 50 schools existed. Tuition was $40 for an entire program of study. According to AJ Angulo, the chain was not without controversy about its marketing and business practices, and it declined in size after the death of Mr. Stratton.
In 2018, Bryant and Stratton opened a school in Racine, Wisconsin, closed its downtown Milwaukee campus, and moved its Cleveland campus to Solon in Ohio.
Today, there are 19 physical locations and an online education division. The board chair of the school is Bryant Prentice III, great-great grandson of Dr. J.C. Bryant. The current president of Bryant & Stratton is Francis J. Felser, who has a doctorate from University of Phoenix. and has worked in various capacities at the school for more than 25 years.
Bryant & Stratton's online faculty consists of 30 full-time instructors and 407 part-time instructors. The Buffalo campus has 16 full-time instructors and 47 part-time instructors.
Bryant & Stratton College offers Associate's and bachelor's degrees in healthcare, business, homeland security, legal studies, design, early childhood education and technology (IT).
According to the College Scorecard, Bryant & Stratton online has a 20 percent graduation rate, a 19 percent student loan repayment rate, and a typical total debt after graduation of $23,055. College Navigator reports a 27 percent graduation rate and a 12 percent transfer-out rate.
Bryant & Stratton College Buffalo plays basketball against Bryant & Stratton College Rochester at Monroe High School
Bryant & Stratton College has Junior College Division II sports at several campuses and actively recruits high school students.
Bryant & Stratton has two campuses with competitive esports, Hampton, Virginia and Wauwatosa, Wisconsin. Both campuses have invested in esports labs, and students are being recruited for intercollegiate play.
Bryant & Stratton launched its online division in 1997.
The college provides selected degrees over the Internet. According to College Navigator, approximately 40 percent of BSC's students are participating as online students.
New York State campuses can be found in Albany, Buffalo, Syracuse, and six other locations.
Ohio has four campuses, including Akron. Virginia has campuses in Hanmpton, Richmond, and Virginia Beach. In Wisconsin, there are three campuses.
In 2008, a private equity firm Parthenon Capital Partners bought a significant stake in the school. The firm was bought out by the Bryant & Stratton Limited Partnership (family) in 2017.
On April 3, 2015, Bryant & Stratton College was placed on a Department of Education list to have its finances more closely scrutinized (a process called Heightened Cash Monitoring). Colleges placed on this list generally have federal funding restricted due to concerns of their financial responsibility.
^ abIn about 1879, Ford studied bookkeeping at Goldsmith, Bryant & Stratton Business College in Detroit, which was at the time part of the Bryant & Stratton College system. See Steven Watts, The People's Tycoon: Henry Ford and the American Century (Random House, 2006), p. 28. Found at Google Books.
^Rockefeller took a ten-week business course at Folsom's Commercial College where he studied bookkeeping, which was a franchise of Bryant & Stratton. See Ellen Greenman Coffey, Nancy Shuker, John D. Rockefeller, empire builder (Silver Burdett, 1989), pp. 18, 30.