Apollo Education Group

The company reported $1.45 in earnings per share for the previous quarter, exceeding the Thomson Reuters estimate of $1.33 by $0.12.

[8] In March 2011 the Apollo Group sold its corporate headquarters in Arizona and leased it back in order to raise $170 million in cash.

The deal with Cole Real Estate Investments included a 20-year lease requiring Apollo to remain in the complex.

[12] In 2015, co-founder John D. Murphy argued that Apollo Group "lost its direction when it abandoned its roots, which were serving working adults, not recent high school graduates.

[19] The University of Phoenix has an open enrollment admission policy only requiring a high-school diploma, GED, or an equivalent qualification.

[22] In 2014, University of Phoenix was highlighted in a Time.com article titled "The 5 Colleges That Leave the Most Students Crippled By Debt".

[33] Lutheran High School of Orange County (LHSOC) licenses its name to the Apollo Group to offer online courses.

All of the Cognitive Tutor curricula are based on extensive scientific research from Carnegie Mellon University, along with field tests in schools throughout the United States.

Founded in 1978, West offered associate, bachelor's and master's degree programs to approximately 1,374 students (Fall 2014).

West's mission is to provide a broad educational foundation, with a focus on business and technology, designed to prepare students for leadership positions in a dynamic, global marketplace.

The university started shutting down in March 2017 and developed a two year "teaching out" plan to allow students an opportunity to graduate from West or transfer to another institution.

[44] "In 2004, a scathing report issued by the US Department of Education concluded that Phoenix, as The Chronicle of Higher Education put it, had a 'high-pressure sales culture' that intimidated recruiters who failed to meet targets and encouraged the enrollment of unqualified students—in short that it rewarded 'the recruiters who put the most "asses in classes"'.

A suit was brought alleging that its management had 'disseminated materially false and misleading financial statements in an effort to inflate its stock price and attract investors'.

Apollo was found liable for misleading investors by failing to disclose the Department of Education report that criticized the University of Phoenix's recruiting practices.

[52][53] In November 2008, Apollo paid $1.89 million to settle a religious discrimination class action without admitting wrongdoing.

The Equal Employment Opportunity Commission had brought the claim on behalf of non-Mormon employees of University of Phoenix Online.

Under the settlement, University of Phoenix Online agreed to prohibit favoritism toward the Church of Jesus Christ of Latter-day Saints.

[54] In July 2015, Apollo announced the Federal Trade Commission (FTC) was investigating UoP for unfair business practices; "The company must hand over documents regarding matters that include its marketing, tuition, billing, accreditation, and military recruitment practices going back as far as 2011.

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