University of Phoenix Owners Must Pay Damages
Friday, January 18th, 2008No sooner had I posted the article yesterday about the University of Phoenix, did I see a news story stating that the owner of the school, the Apollo Group Inc. had fraudulently misled investors. A federal court ordered the group to repay shareholders about $280 million in damages. A 2004 Department of Education report that criticized the University of Phoenix’s recruitment policies was covered up by the Apollo ...
