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    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001769387</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
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  <formData>
    <issuerInfo>
      <issuerCik>0000912766</issuerCik>
      <issuerName>LAUREATE EDUCATION, INC.</issuerName>
      <secFileNumber>001-38002</secFileNumber>
      <issuerAddress>
        <com:street1>650 S. EXETER STREET</com:street1>
        <com:city>BALTIMORE</com:city>
        <com:stateOrCountry>MD</com:stateOrCountry>
        <com:zipCode>21202</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>4108436100</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Cardoso Marcelo</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem Street</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>25300</noOfUnitsSold>
      <aggregateMarketValue>302434.39</aggregateMarketValue>
      <noOfUnitsOutstanding>157173557</noOfUnitsOutstanding>
      <approxSaleDate>05/11/2023</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/17/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>12146</amountOfSecuritiesAcquired>
      <paymentDate>06/17/2018</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/31/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2283</amountOfSecuritiesAcquired>
      <paymentDate>12/31/2018</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/15/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4565</amountOfSecuritiesAcquired>
      <paymentDate>03/15/2019</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/31/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4130</amountOfSecuritiesAcquired>
      <paymentDate>12/31/2019</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/16/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2176</amountOfSecuritiesAcquired>
      <paymentDate>03/16/2020</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>05/11/2023</noticeDate>
      <signature>/s/ Carli McPherson, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Marcelo Cardoso</signature>
    </noticeSignature>
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144
0001769387
XXXXXXXX
LIVE
0000912766
LAUREATE EDUCATION, INC.
001-38002
650 S. EXETER STREET
BALTIMORE
MD
21202
4108436100
Cardoso Marcelo
Officer
Common
Fidelity Brokerage Services LLC
900 Salem Street
Smithfield
RI
02917
25300
302434.39
157173557
05/11/2023
NASDAQ
Common
06/17/2018
Restricted Stock Vesting
Issuer
N
12146
06/17/2018
Compensation
Common
12/31/2018
Restricted Stock Vesting
Issuer
N
2283
12/31/2018
Compensation
Common
03/15/2019
Restricted Stock Vesting
Issuer
N
4565
03/15/2019
Compensation
Common
12/31/2019
Restricted Stock Vesting
Issuer
N
4130
12/31/2019
Compensation
Common
03/16/2020
Restricted Stock Vesting
Issuer
N
2176
03/16/2020
Compensation
Y
05/11/2023
/s/ Carli McPherson, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Marcelo Cardoso