secwatch.observer — SEC 8-K summary
======================================

Issuer:     ASPEN GROUP, INC. (ASPU)
CIK:        0001487198
Form:       8-K
Filed at:   2022-09-21T23:59:59+00:00
Accession:  0001553350-22-000780
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen University surrenders Arizona nursing program approval; suspends new enrollments in four states
--------------------------------------------------------------------------------

- Aspen University voluntarily surrendered program approval for its pre-licensure nursing program in Phoenix due to inability to meet minimum 80% NCLEX first-time pass rate for 2022.
- Current Arizona nursing students will continue; approval automatically surrendered once they complete or within two years, whichever sooner.
- Aspen will also suspend new enrollments and complete instruction for currently enrolled Core nursing students in Florida, Georgia, Tennessee, and Texas.
- This follows a prior March 2022 consent agreement with the Arizona State Board of Nursing requiring the 80% pass rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000780/0001553350-22-000780-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000780/aspu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-22-000780

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer