For-Profit Colleges Get Schooled - 2 views
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Jared Moore on 25 Oct 12As consumers wise up about education spending, for-profit colleges are getting schooled. Institutions such as Apollo Group Inc.'s University of Phoenix, DeVry Inc. and Washington Post Co.'s Kaplan-who only a few years ago reported double-digit student gains on a regular basis and posted hundreds of millions in profits-now are hemorrhaging students.