Apollo Group

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For-profit colleges sue to block federal regulations

A group of for-profit schools filed a lawsuit against the federal government Friday to stop implementation of three costly new rules.

The rules were part of a larger package of new regulations being imposed on the for-profit sector, which has been accused of churning out poorly educated students with large debts. Get the full story »

Executives collect $2 billion at for-profit colleges

From Bloomberg | Top executives at the 15 U.S. publicly traded for-profit colleges, led by Apollo Group Inc. and Education Management Corp., received $2 billion during the last seven years from the proceeds of selling company stock, Securities and Exchange Commission filings show.

For-profit college stocks hit on Apollo warning

Investors are fleeing for-profit college stocks after the sector’s bellwether predicted a 40 percent drop in new student enrollment next quarter.

Apollo Group Inc., which runs the University of Phoenix, attributes the expected decline to changing practices aimed at satisfying new government regulations. Get the full story »