Earnings and Enrollment Slide at University of Phoenix
Apollo Group -- which operates the University of Phoenix, the largest for-profit college -- says quarterly earnings slid by 79% from a year ago, as fewer students enrolled.
for profit colleges
Market Minute: University of Phoenix Accreditation at Risk
Apollo Group said Monday that its accrediting body was considering placing the company's University of Phoenix subsidiary on probation because of alleged deficiencies involving its administrative structure and governance. Shares of the for-profit education company dropped 4 percent.
When Is an 'Affordable' College a Bad Deal?
In recent years, the number of students enrolling in for-profit educational institutions has more than quadrupled. Tuition is lower that at private colleges, and there's more flexibility. But there's good reason to worry that most of those students are wasting their money and time.
Private Student Loans: Subprime Mortgages of the College World
Student loan debt is a $1 trillion issue today, but according to the Consumer Financial Protection Bureau, one fairly small part of the student loan market appears to be most responsible for many of the problems borrowers face: private student loans.
