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January 2006
For-Profit Boom Continues, Despite Enrollment ShiftsIt might seem, at first glance, that the boom in for-profit higher education is slowing down. For instance, the Apollo Group, the parent company of the University of Phoenix, saw a slowdown in revenue growth in the last six months of fiscal 2005, ending September 30. However, that doesnt indicate that for-profit institutions are losing their share of the market; it means that students are shifting from more expensive on-site programs to less expensive electronic programs.
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