Enrollment Woes Continue for U. of Phoenix

March 26, 2015

Apollo Education Group's revenue and enrollment slide has continued, according to a corporate filing released this week. The publicly traded company, which owns the University of Phoenix, had a net-revenue decline of 15 percent, or $223 million, during the six months prior to March. Phoenix's revenue was down 19 percent in this period. The university's degree-seeking student enrollment dipped by roughly 15 percent, to 213,800. The high-water mark for enrollment at Phoenix was 475,000 in 2010.

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