Friday, January 13, 2006

Exciting week in the for-profit education world.

Ethics, schmethics. We don’t leave corruption for Dubbya and his cronies. The Chronicle of Higher Education published an article with the headline "Promises and Profits: A for-profit college is under investigation for pumping up enrollment while skimping on education". Here is a link to the online version of the article

On Wednesday at Apollo, home to quality heavyweight University of Phoenix, Todd Nelson stepped down as CEO, or was asked to leave. Reports say that he will receive $18 million in severance.