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 https://chronicle.com/temp/email2.php?id=ZQmffNncVgGtBrmrk4phththwphChQr6

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. http://biz.yahoo.com/ap/060112/apollo_group_severance_pay.html?.v=4