75. DeVry, Inc., "Investor's Information Report,"
of Technology to Strengthen K12 Education in
Fact sheet from National Association of Investors
the United States," March 1997, pp. 23,
Corporation, August 1999.
http://www.whitehouse.gov/WH/EOP/OSTP/N
STC/PCAST/k-12ed.html.
76. Ibid.
56. Scientific Learning Corporation, "National Field
77. DeVry, Inc. "Education for a New Age,"
Trial Results," n.d., p. 3, http://www. scientific
Oakbrook Terrace, Ill., 1998, p. 6.
learning.com.
78. DeVry, Inc. "Employment Statistics for
57. Scientific Learning Corporation, "Prospectus,"
Graduates of U.S. DeVry Institutes," Fact sheet,
Berkeley, Calif., July 21, 1999, p. 3.
October 1999.
58. Scientific Learning Corporation, "Philadelphia
79. Strayer Education, "Annual Report 1998,"
Public School Study Shows Fast ForWord(R) and
Washington, p. 1.
4wd(TM) Produce Gains of Three-and-a-Half Years
in Just Weeks," Press release, July 13, 2000, http:
80. ITT Education Services, "Backgrounder," Fact
//biz.yahoo.com/prnews/000713/ca_sci_lea.html.
sheet, Indianapolis, n.d.
59. Sharon Begley, "Rewiring Your Gray Matter,"
81. Education Management Corporation,
Newsweek, January 1, 2000.
"Annual Report," Securities and Exchange
Commission Form 10-K, June 30, 1999, p. 2.
60. Advantage Learning Systems, Inc., "Annual
Report," Securities and Exchange Commission
82. Ibid.
Form 10-K, March 1, 1999, p. 1.
83. U.S. Department of Education, National
61. Ibid., p. 3.
Center for Education Statistics, The Condition of
Education 1999 (Washington: Government
62. TRO Learning, "TRO Learning: PLATO,"
Printing Office, 1999), p. 66.
Edina, Minn., 1999, p. 1.
84. James W. Michaels and Dirk Smillie,
63. See http://www.apex.netu.com.
"Webucation," Forbes, May 15, 2000, p. 92.
64. Nationally, only 50 percent of students who
85. Moe, Bailey, and Lau, p. 120.
take traditional AP courses actually sit for the
exams. Information provided by Stacey Giard,
86. Apollo Group, "1999 Annual Report,"
associate product marketing manager, Apex
Phoenix, p. 4.
Learning, July 6, 2000.
87. Information provided by Eric McHaney,
65. Ibid.
University of Phoenix Online, Phoenix, July 10, 2000.
66. Ibid.
88. See http://www.online.uophx.edu.
67. Advantage Learning Systems, Inc., p. 1.
89. Students pay per credit hour; a student pursu-
ing an undergraduate degree pays $390 per credit
68. Jennifer Mateyaschuk, "IT Skills Gap Demands
hour; a graduate student pays $485 per credit
Action--Proper Training and Collaborative
hour. Typically 60 credits are needed to graduate
Education Are Keys to the Growing Need for IT
with a bachelor's degree. However, students may
Talent," Information Week, July 5, 1999, http:
be able to transfer previous credits and can earn up
//www.informationweek.com/741/labor.htm.
to 30 semester credits by taking an exam such as
the College Board Level Examination.
69. Jefferies & Company, Inc., "Provant, Inc.," Equity
Research Report, Los Angeles, February 8, 2000, p. 8.
90. Digest of Education Statistics 1999, Table 318,
p. 346.
70. Ibid., p. 111.
91. Wolfram, p. 1.
71. Wolfram, p. 2.
92. Information provided by Liz Lindsey, director
72. Ibid., p. 18.
of public relations at Kaplan, July 6, 2000.
73. Moe, Bailey, and Lau, p. 125.
93. Concord University School of Law, "Concord
74. Ibid., p. 110.
University School of Law," p. 4. Further information
28