University of Phoenix See Revenue Jump

Discussion in 'General Distance Learning Discussions' started by Rich Douglas, Oct 10, 2002.

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  1. Rich Douglas

    Rich Douglas Well-Known Member

    The Chronicle of Higher Education reports:

    THE APOLLO GROUP INC., which owns the University of Phoenix, announced that its fiscal-year-end revenues had topped $1-billion, a 30-percent increase over last year's revenues of $769.4-million. The rapid growth in enrollment at the University of Phoenix and its online division was the main driver behind the surge in revenues, although growth in Apollo's other branches also contributed to the rise.


    The link is below, but I'm not sure it's accessible to non-subscribers:


    http://chronicle.com/daily/2002/10/2002101007n.htm
     

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