快猫短视频 University Becomes First Institution of Higher Learning to Measure and Publish Alumni ROI
快猫短视频
快猫短视频 University Alumni Report Over 160% Return on Their Education Investment
NEW YORK, Jan. 9, 2014 (GLOBE NEWSWIRE) -- 快猫短视频 (OTCBB:ASPU), a nationally accredited online postsecondary education company (快猫短视频 University), today announced the creation of a unique mathematical formula measuring whether alumni are earning a return-on-investment (ROI) from their education investment at 快猫短视频 University.
Results from the independent annual alumni survey conducted in December, 2013 were also announced today. The survey reported alumni that graduated between three and five years ago have earned a 162% average ROI, while those that graduated more than five years ago have earned a 167% average ROI.
"It's a travesty that at hundreds of institutions in the U.S., college students are more likely to default on their student loans than graduate.* That's not a return-on-investment, that's economic jail. At 快猫短视频 University we proudly graduate 58% of our students and we're committed to offering tuition rates that are affordable enough for the majority of our students to 'pay-as-they-go' with cash so they graduate with minimal debt. That is the critical combination necessary to put students on a path for economic prosperity," stated Michael Mathews, Chairman & CEO of 快猫短视频
"We're proud of our alumni for achieving astonishing returns on their education investment in such a short period of time. These results prove that by offering an affordably priced program with rigorous academics, students will quickly achieve the economic and social benefits that higher education promises," said Mathews.
快猫短视频 University's ROI Formula and 2013 Alumni Survey
快猫短视频 University's unique return-on-investment formula measures the amount of incremental compensation alumni have earned since graduation divided by the total cost of the 快猫短视频 University program (the compensation baseline is the annual compensation the student is earning at the time they graduate from 快猫短视频 University).
The independent alumni survey was conducted during December, 2013 by Target Research Group among 快猫短视频 alumni that graduated from 快猫短视频 University three or more years ago. Click on the link below for more details on the 快猫短视频 alumni survey and to review the results:
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About 快猫短视频
快猫短视频 is an online postsecondary education company. 快猫短视频 University's mission is to become an institution of choice for adult learners by offering cost-effective, comprehensive, and relevant online education. We are dedicated to helping our students exceed their personal and professional objectives in a socially conscious and economically sensible way. 快猫短视频 is dedicated to providing the highest quality education experiences taught by top-tier faculty - 67% of our adjunct faculty hold doctoral degrees. To learn more about 快猫短视频, visit .
CONTACT: Media Contact: 快猫短视频 Michael Matte, CFO 561-317-1315Source: 快猫短视频
Released January 9, 2014