University of Phoenix

University of Phoenix Owner Gets Out as 50,500 Students Flee

(CNN) — 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…