What happened to Apollo Education Group?
Apollo Education Group, which owns the University of Phoenix and BPP Law School, has been taken off the public market in a deal valued at $1.14bn by a group of investors, who have pledged to raise estimations of the US’s for-profit education sector.
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What happened to Apollo Education Group?
Apollo Education Group, which owns the University of Phoenix and BPP Law School, has been taken off the public market in a deal valued at $1.14bn by a group of investors, who have pledged to raise estimations of the US’s for-profit education sector.
What is the Apollo Group in Phoenix?
Apollo Group, Inc. was founded in 1973 in response to a gradual shift in higher education demographics from a student population dominated by youth to one in which approximately half the students are adults and over 80 percent of whom work full-time. The University of Phoenix (UOP) was founded in 1976 by Dr. John G.
Who owns Apollo college?
On May 8, 2016, the company announced its sale to a group of private investors for $1.14 billion, effectively going private….Apollo Education Group.
| Type | Private |
|---|---|
| Key people | Anthony W. Miller (Chairman) Gregory W. Cappelli (CEO) Jeff Langenbach (SVP) Peter J. Cohen (President, University of Phoenix) |
Why did Western International University closed?
The school-closing announcement cited the challenges that have resulted from a competitive higher-education marketplace, especially for institutions such as Western International that have small enrollments and are losing money.
Who owns the University of Phoenix?
Apollo Education GroupUniversity of Phoenix / Parent organization
University of Phoenix is a wholly-owned subsidiary of Apollo Global Management. Apollo Global purchased their parent company, Apollo Education Group, for approximately $1.1 billion.
Who is buying University of Phoenix?
Apollo
In 2017, Apollo led a $1 billion takeover of the company that owns the University of Phoenix. Before the acquisition, the for-profit college chain “came under fire for aggressive marketing practices and lower-quality degree programs,” Apollo said in a confidential October presentation.
What is Apollo University?
The Apollo University, Chittoor is the dream project of Apollo Hospitals Education and Research Foundation (AHERF). Apollo Hospitals Education and Research Foundation is a well-known foundation in the research and education fields since 1994 which is led by the visionary Leader ‘Padma Vibhushan’ Dr. Prathap C Reddy.
Who bought University of Phoenix?
In 2017, Apollo led a $1 billion takeover of the company that owns the University of Phoenix.
What colleges have the lowest graduation rate?
Here are the 11 public universities with the worst graduation rates:
- Purdue University North Central, Indiana (Graduation Rate: 14%);
- Cameron University (Graduation Rate:14.1%);
- Ohio University at Chillicothe (Graduation Rate: 15.6%);
- Coppin State University, Baltimore, Maryland (Graduation Rate: 16.3%).
Is Apollo Education Group still in business?
Apollo Education Group Transaction On February 1, 2017, Apollo Education Group, Inc. announced the successful completion of its acquisition by a consortium of investors including The Vistria Group, LLC and funds affiliated with Apollo Global Management, LLC.
Is the University of Phoenix owned by Apollo?
The University of Phoenix is a wholly owned subsidiary of the Apollo Education Group. The University of Phoenix is one of the largest higher education providers in North America. The university has approximately 40 campuses and confers degrees in over 100 degree programs at the associate, bachelor’s, master’s and doctoral levels.
What universities has Apollo Global acquired?
As part of their first acquisitions, Apollo Global acquired University for the Arts, Sciences, and Communication (UNIACC) in Chile as well as the now defunct Meritus University in Canada. Apollo Global is a joint venture between the Apollo Group and the Carlyle Group. The two partners invested $1 billion in Apollo Global.
What is the case number for Apollo Education Group Inc v University of Phoenix?
^ Federal Trade Commission v. Apollo Education Group Incorporated and University of Phoenix, case number: 2:2016mc00002, filed January 12, 2016, Arizona District Court ^ “Archived copy” (PDF). Archived from the original (PDF) on 2016-03-11.
https://www.youtube.com/watch?v=C_z16ZqBAqs
