University of Phoenix Closes 115 Locations!

Apollo Group Inc. said Tuesday that its fiscal fourth-quarter net income tumbled 60 percent, hurt by higher costs and declining enrollment at the University of Phoenix. To cope, the for-profit education company plans to close 115 of the university's mostly smaller locations, a move that will affect 13,000 students." Via Yahoo Finance. Watch the video and find out more with John Iadarola and Lisa Ferguson! 

What do you think of this set of campus closures by the University of Phoenix? Is this a good sign that perhaps the seemingly endless expansion of these questionable for-profit colleges is at an end? Or is this just a temporary set back for them? Let us know what you think in the comments down below!

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Find out more here: http://finance.yahoo.com/news/university-phoenix-closing-115-locations-213128...