‘Lopes (and enrollment) up: Grand Canyon University reports growing quarter
Oct 29, 2015, 7:00 AM
(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.