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Apollo Education Group, Inc. is an American corporation based in the South Phoenix area of Phoenix, Arizona, with an additional corporate office in Chicago, Illinois. [1] It is privately-owned by a consortium of investors including The Vistria Group, LLC and funds affiliated with Apollo Global Management , LLC.
Nelson resigned in 2006 after University of Phoenix faced allegations of illegal business practices. At the time of Nelson's resignation, Apollo Group's annual revenues were $2.2 billion with an enrollment of more than 300,000 students. [4] [5] [6] Nelson's compensation package was $22.1 million in 2005, with a 5-year compensation of $61 ...
To qualify for college credit, students either write an "experiential essay" or create a professional training portfolio, [137] the latter of which is a collection of documents such as transcripts from other schools, certificates, licenses, workshops or seminars. [138] UoPX has been regionally accredited since 1978 by the HLC. In May 2013, the ...
Produced by Drew Trachtenberg Enrollment at the largest for-profit college takes a tumble: Apollo Group (APOL), which operates the University of Phoenix, says quarterly earnings slid by 79 percent ...
John Glen Sperling (January 9, 1921 – August 22, 2014) was an American billionaire businessman who is credited with having led the contemporary for-profit education movement in the United States [1] The fortune he amassed was based on his founding of the for-profit University of Phoenix for working adults in 1976, which became part of the publicly traded Apollo Group.
Apollo College: American Institute of Health Technology 2005 [6] Arcadia University: Beaver College 2001 Arizona Christian University: Southwestern Conservative Baptist Bible College 2011 [7] Arizona State University: Tempe Normal School 1958 University of Arkansas at Little Rock: Little Rock Junior College; Little Rock University 1957, 1969
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He was appointed co-CEO of Apollo on April 27, 2009, at the age of 41. [6] As co-CEO, he shared the role with Chas Edelstein. The two men had worked together at Credit Suisse before each joined Apollo Group. Three years later, he became the sole CEO of the Apollo. [1] In 2012, Mother Jones named him one of the ten most overpaid CEOs. [7]