The videos available on the links below aired August 19, 2010 on ABC’s Good Morning America, World News Tonight and Nightline, prominently featured misconduct at Apollo Group, Inc. (Nasdaq: APOL).
Apollo spends over 20% of its taxpayers-funded revenues on selling and promotional cost and still realized over a 22% operating margin in its last reporting period.
The For-Profit industry’s tax-payer abuses have been compared to those that led to the sub-prime crisis and current recession.
Please see the link below for a disclosure concerning asensio.com Founder’s role in a government policy organization engaged in the For-Profit debate.
Disclosure concerning asensio.com Founder’s Role in Government Policy Organization.
Videos:
For-Profit Education Investigation – ABC News – Good Morning America