The New York Times reports that the University of Phoenix became the United States' largest private university by both delivering high profits to investors and providing, a low-operating cost, but solid education to mid-career workers.  Now, its reputation is beginning to suffer as some educators, students, and former administrators claim that the constant pursuit of profits has compromised academic quality. According to statistics and government audits, the University of Phoenix has accelerated its graduation process so that students complete course requirements in about half the time it takes in traditional universities.  In addition, the university's graduation of 16 percent is...

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