Struggling University Of Phoenix Parent Company To Go Private

Struggling University Of Phoenix Parent Company To Go Private

Between its sinking stock price, sagging enrollment, and the hot spotlight of federal investigations, the nation’s largest for-profit education chain has decided to go private. [More]

Judge Orders University Of Phoenix Parent Company To Turn Over Documents To Feds

Judge Orders University Of Phoenix Parent Company To Turn Over Documents To Feds

Just because the University of Phoenix may be able to once again recruit on military bases and enroll new students using the military tuition assistance program doesn’t mean the for-profit college behemoth’s problems are behind it. Instead, a court ruled last week that the school’s parent company, Apollo Education Group, must provide records requested by federal investigators nearly six months ago.  [More]

(University of Phoenix)

University Of Phoenix May Be Up For Sale

Increased government scrutiny and falling enrollment at the University of Phoenix may be too much for Apollo Education Group, the parent company of the for-profit college mega chain. The company is reportedly exploring its options on what to do with the school, including a sale. [More]

Lawmakers Continue Crusade To Rein In For-Profit Colleges Targeting Servicemembers

Lawmakers Continue Crusade To Rein In For-Profit Colleges Targeting Servicemembers

In recent months federal regulators and government agencies have increased scrutiny of for-profit colleges and their interactions with servicemembers, veterans and their families. Today, lawmakers furthered that mission by introducing legislation that would restore previous limits on how much money these educational institutions can receive from the federal government via military benefits and other programs.  [More]

Chairman Of University Of Phoenix Parent Company Dumps Millions Of Dollars In Stocks

Chairman Of University Of Phoenix Parent Company Dumps Millions Of Dollars In Stocks

Just a week after University of Phoenix’s parent company Apollo Education Group attempted to tone down the role the troubled for-profit college has played in the company’s falling stock prices and public image, new regulatory filings show the corporation’s own chairman may not have the same faith in the organization, as he dumped nearly $10 million in company stock.  [More]

University Of Phoenix Parent Company Tries To Explain Sinking Stock Price

University Of Phoenix Parent Company Tries To Explain Sinking Stock Price

For the second time this year, University of Phoenix’s parent company Apollo Education Group attempted to tone down the role the troubled for-profit college has played in the company’s falling stock prices and public image during a phone call with investors.  [More]

Under-Investigation Educators Still Received $8.1B In Federal Funds Last Year

Under-Investigation Educators Still Received $8.1B In Federal Funds Last Year

The federal government has ramped up its efforts to protect consumers from unfair and deceptive for-profit colleges in recent years: implementing so-called gainful employment rules this summer, discharging millions of dollars in student loans for students who were defrauded by Corinthian Colleges and restricting the University of Phoenix’s ability to participate in tuition-assistance programs for active-duty servicemembers. Still, these steps appear to have done little to keep questionable for-profit colleges from getting their hands on billions of dollars in funding straight from the government.  [More]

University Of Phoenix Barred From Military Bases, Using New Tuition Assistance Funds

University Of Phoenix Barred From Military Bases, Using New Tuition Assistance Funds

For-profit college chains like the University of Phoenix spend a lot of time and money recruiting active-duty military personnel. But the school has come under fire in recent months for allegedly crossing some legal lines in its efforts to attract students from the armed forces. Yesterday, Phoenix’s parent company revealed that the school is currently barred from recruiting on U.S. military installations, and that Department of Defense tuition assitance funds can not be used to pay for classes for new students. [More]

Servicemembers At Failing For-Profit Schools Not Protected By Veterans Affairs

Servicemembers At Failing For-Profit Schools Not Protected By Veterans Affairs

When a for-profit college closes its doors, students are often left with hefty student loan tabs and little recourse. Some of those borrowers may be eligible for a discharge of their debts through the Dept. of Education, but others – like the thousands of veterans who used their GI Bill benefits to finance their education – are simply out of luck, often losing their chance to obtain a degree, thanks in part to failures within the Department of Veterans Affairs. [More]

University Of Phoenix Stops New Enrollment At 14 Campuses, 10 Learning Centers

University Of Phoenix Stops New Enrollment At 14 Campuses, 10 Learning Centers

The country’s largest for-profit college chain is about to get a bit smaller, as a new report reveals that The University of Phoenix is no longer accepting new enrollments at two dozen campuses and learning centers across the country. [More]

University Of Phoenix Faces Probe Into Military Recruiting Practices

University Of Phoenix Faces Probe Into Military Recruiting Practices

A little more than a week after federal regulators set their sights on the University of Phoenix for possible deceptive and unfair business practices, the California Attorney General’s office is joining the investigation party by opening a probe into the for-profit college’s military recruitment practices. [More]

Regulators Investigating University Of Phoenix’s Business Practices

Regulators Investigating University Of Phoenix’s Business Practices

Apollo Education Group, owners of the country’s largest for-profit college – University of Phoenix – is the latest target for federal regulators set on reining in the for-profit education industry for engaging in allegedly deceptive marketing practices. [More]

List Of Transfer Schools For Corinthian College Students Includes Other For-Profit Chains Under Investigation

List Of Transfer Schools For Corinthian College Students Includes Other For-Profit Chains Under Investigation

Just because students who attended the now closed Everest University, Heald College or WyoTech campuses can’t finish their college career with Corinthian Colleges Inc., doesn’t mean they can’t finish their education somewhere else. For student who would prefer to transfer to a similar program rather than receive a refund, the Department of Education has provided a list of viable colleges. But that list has quickly garnered criticism from lawmakers because it includes other for-profit education institutions under scrutiny. [More]

Xavier J. Peg ☠

For-Profit College Enrollment Is Down Following Scandals & School Failures

With increasing scrutiny from lawmakers, regulators, consumer advocates and the general public, the past five years have been hard on a for-profit college industry that had enjoyed years of happily feeding at the federal student aid trough. There have been changes to schools’ often excessive advertising budgets, damning reports of abuse, and soon-to-be-implemented rules requiring for-profit programs to demonstrate their effectiveness. The fractures in a business model that has attracted some of the biggest names in investment have become more evident, especially when comparing previously robust enrollment numbers with the most recent figures. [More]

Should For-Profit Colleges Be Allowed To Spend Taxpayers’ Money To Put Their Names On NFL Stadiums?

Should For-Profit Colleges Be Allowed To Spend Taxpayers’ Money To Put Their Names On NFL Stadiums?

This past Sunday — and for the second time in seven years — the Super Bowl was played at a stadium carrying the University of Phoenix name. The for-profit online school paid more than $150 million to slap its brand on the stadium, with much of that money coming from taxpayers. Some groups say that for-profit schools should not be allowed to make such splashy marketing investments at a time when there are so many questions about the quality of education provided by for-profit institutions. [More]

University Of Phoenix’s Risk-Free Trial Might Not Cost You, But Is It An Accurate Taste Of College?

University Of Phoenix’s Risk-Free Trial Might Not Cost You, But Is It An Accurate Taste Of College?

From diet pills to dating websites, it’s not hard to find someone offering a “risk-free” trial membership, and thanks to the University of Phoenix, that “try before you buy” model now applies to college courses. But while one might admire the idea of giving potential students a taste of the school before committing to an expensive education at the for-profit online university, consumer advocates are concerned about the program’s benefits. [More]

112 U. of Phoenix locations will remain

University Of Phoenix Not Exactly Rising From Ashes, To Close 115 Locations

With enrollment and revenue declining, the University of Phoenix announced yesterday that it will close about half of its physical locations around the country in an effort to save $300 million.

The closed locations includes 90 learning centers and 25 campuses, accounting for a total of 13,000 students. This will leave 112 Phoenix locations in 36 states. [More]

Admission Party's Over At For-Profit Colleges

Admission Party's Over At For-Profit Colleges

As the economy (sorta) bounces back and would-be students are able to find jobs, colleges trying to make money to teach business or technical skillsare having a harder time convincing new students to enroll and pay them the big bucks. [More]