February 3, 2013
For-Profit Colleges Take a Step Back to Regroup
A rash of TV commercials—the University of Phoenix's "Let's Get to Work" ads and the DeVry University "Know How" spot, for example—offer a conspicuous glimpse at the ways big players in the for-profit college industry are now scrambling to reverse two years of falling enrollments, campus closures, and employee layoffs.
With a few exceptions, the industry remains in retrenchment, staying profitable thanks largely to downsizing and using tuition freezes and extensive tuition
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