Company That Owns the U. of Phoenix Plans for a Major Foreign Expansion

Even as it continues to expand into new territory across the United States, the company that operates the University of Phoenix is laying plans for a string of campuses around the world.

Company officials say their goal is to develop, acquire, or create partnerships with institutions in Brazil, China, India, Mexico, and several unnamed countries in Latin America and Europe.

Within 10 years, "the overseas operation should be able to match, in size, the