regulatory
confidence high
sentiment negative
materiality 0.65
Aspen University halts BSN pre-licensure enrollments at Phoenix campuses after Arizona Nursing Board probation proposal
ASPEN GROUP, INC.
- Arizona Board of Nursing proposed probation on Aspen University's BSN pre-licensure program due to 58% NCLEX-RN first-time pass rate in 2021, below 80% minimum.
- Aspen University immediately stopped new enrollments at its Phoenix main campus and HonorHealth campus, cancelling February 2022 cohorts.
- Q1 2022 pass rate improved to 85% as of February 10, 2022; company is working with the Board to resolve.
- Aspen University will not sign any consent agreement that jeopardizes currently enrolled students' ability to finish their degree.