University of Phoenix owner sells as 50,500 students flee - Feb. 8, 2016

The University of Phoenix lost 50,500 students last year, and now its parent company is selling.



Apollo Education Group (APOL) will sell itself to a group of investors, which will take the company private. A former deputy secretary of the Department of Education, Tony Miller, will take the helm at a tough time. Its shares plunged 75% in 2015.



University of Phoenix owner sells as 50,500 students flee - Feb. 8, 2016