Quick Takes: Apollo Profit Rises, Tex. Colleges Lose Vanity Plates
Submitted by Doug Lederman on June 29, 2005 - 4:00am
The Apollo Group, owner of the University of Phoenix, announced  Tuesday that its profit in the third quarter of its current fiscal year rose by 40 percent over the comparable period a year ago. Enrollments at Phoenix and Apollo's other institutions rose by 23 percent, to 295,500 students, and online enrollments climbed by 41 percent from the third quarter last year.
About two dozen colleges in Texas are losing their vanity plates. The Associated Press reports  that the state Department of Transportation is phasing out specialty alumni license plates for institutions if fewer than 1,500 people have requested them, enough to cover the cost of producing the plate. Some institutions had fewer than 100 people request their plates.