Fast-Growing U. of Phoenix Calculates a More Careful Course

Laura Segall for The Chronicle

The re-engineering of the U. of Phoenix comes as it and the $20-billion for-profit higher-education industry it helped to create face substantial political, financial, and public-relations pressures.
February 06, 2011

In the fall of 2009, after closing the books on yet another banner year of enrollment growth, and with its parent company's stock climbing toward a five-year high of $90 per share, the University of Phoenix began to question fundamental pieces of the...

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