secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN GROUP, INC. (ASPU)
CIK:        0001487198
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001553350-22-000119
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen University halts BSN pre-licensure enrollments at Phoenix campuses after Arizona Nursing Board probation proposal
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000119/0001553350-22-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000119/aspu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-22-000119

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