Aspen Group, Inc.
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in mil. unless spec.Company Description
- CEO
- Matthew LaVay
- Full Time Employees
- 120
- Sector
- Consumer Defensive
- Industry
- Education & Training Services
- Address
- 4605 E. Elwood Street Phoenix AZ United States of America 85040
- IPO Date
- Mar 29, 2012
- CIK
- 0001487198
- Website
- aspu.com
- Similar Companies
- Business
- Aspen Group, Inc. Aspen Group, Inc. (ASPU) is an education technology holding company that owns and operates online higher education institutions focused on delivering affordable degree programs to working adults and other non-traditional students in the United States. The company provides baccalaureate, master's, and doctoral degrees through its subsidiaries Aspen University and United States University in fields including nursing and health sciences such as pre- and post-licensure nursing programs, business and technology encompassing business administration and information technology, arts and sciences, and education; it emphasizes flexible online delivery, low-cost tuition models, and monthly payment plans to support accessibility. Aspen Group, Inc. was founded in 1987 and maintains its headquarters at 276 Fifth Avenue, New York, New York, with additional operational presence in Phoenix, Arizona. In a major strategic development announced in September 2025, Aspen Group, Inc. commenced the merger of Aspen University into United States University, with the latter as the surviving entity, aiming to consolidate resources, faculty, and programs to expand course offerings, research opportunities, and career pathways while awaiting regulatory approvals from accrediting bodies and the U.S. Department of Education; this move supports long-term sustainability amid ongoing operations. Recently, in January 2025, the company uplisted to the OTCQB Venture Market, enhancing its market visibility, and in October 2025, Aspen University secured reaccreditation from the Distance Education Accrediting Commission. Aspen Group, Inc. reported its second consecutive quarter of net income in the first quarter of fiscal 2026, reflecting improved financial performance with approximately 13,000 degree-seeking students enrolled as of recent periods.
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