University of Phoenix Has Lost Half Its Students
The University of Phoenix probably wishes the students were just cutting class. But many aren’t even enrolled anymore. Enrollment at America’s largest for-profit university was about 460,000 students five years ago. Now it’s 213,000. The University of Phoenix’s parent company, Apollo Education Group, announced more losses Wednesday. Its revenues and enrollment both sank roughly 14 percent in its latest quarter compared to a year ago.