Document:

Apollo Group, 3/29/11

Summary:

In a press release, Apollo Group reportd a quarterly loss as revenue declined by 2% compared to last year, "primarily due to a 44.9% decrease in New Degreed Enrollment" at University of Phoenix. The University argued that recent changes requiring a free orientation for many students suppressed enrollments but would increase retention over time.

Posted
AuthorKeith Blakeman