01-31-2011, 05:15 PM
Quote:Well, that was fast. Barely more than two years since opening it, the Apollo Group Inc. is folding Meritus University after finding that the Canada-based online cousin of the University of Phoenix was a flop with students. “Despite our best efforts, we have concluded that there is a high risk that enrollment will continue to be insufficient to sustain the required quality academic and student-service infrastructure we and our students demand,” the company said in statement. Since opening, in the fall of 2008, Meritus has drawn only 722 students, and only 590 of them earned any credits. Students enrolled from now until the last class, on March 14, are already being advised of their transfer options, a company official said.
http://chronicle.com/blogs/ticker/apollo...us-u/30007