Phoenix Risen: How a history professor became the pioneer of the for-profit revolution

Thomas Bartlett, Chronicle of Higher Education

The the University of Phoenix started in 1974,  operating out of John G. Sperling’s house and has grown to have close to 400,000 students, more than 200 campuses and 26,000 faculty members, and is valued at roughly $10-billion.

http://chronicle.com/weekly/v55/i41/41a00101.htm

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