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‘Lopes (and enrollment) up: Grand Canyon University reports growing quarter

Students show their support for the men's basketball team at Midnight Madness at Grand Canyon University on Oct. 19, 2013. (Grand Canyon University Photo/Darryl Webb)

PHOENIX — For the 20th quarter in a row, Grand Canyon University has reported increased numbers for revenue, income and enrollment, according to the Phoenix Business Journal.

While other publicly-traded universities in the nation continue to shut down, GCU keeps growing and increasing revenue, net income and enrollment.

The for-profit university reported a net income of $33 million for this year’s third quarter, which ended on Sept. 30. The university’s net revenue for the year came out to nearly $200 million, up from $175 million during the same period last year.

Those were not the only positive findings for GCU: The university’s enrollment also grew from 68,000 in 2014 to 75,000 in 2015.

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