"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 13000 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! And if you liked this video, PLEASE "Like" it as well! :) Find out more here: finance.yahoo.com Subscribe to TYT U for more videos: tinyurl.com Follow us on twitter!!! twitter.com twitter.com twitter.com TYT University covers all the news you need to know happening at colleges around the country and across the globe! From student loans to frat parties and dating, we've got it all. Tags: "university of phoenix" "for profit college" "for-profit college" "cost of college" "harkin report" "university of phoenix stock" "university of phoenix closes" "satellite" "main campus" "campus" "college news" "university news" class campus college university "tyt university" "tytu" "lisa ferguson" "john iadar
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