regulatory
confidence high
sentiment negative
materiality 0.85
Aspen University receives DEAC Show Cause Directive; accreditation at risk, remediation up to 2 years
ASPEN GROUP, INC.
- DEAC requires Aspen to prove why accreditation should not be withdrawn; Show Cause is a procedural order.
- Concerns include curricula, student achievement, reputation, operations, and organizational integrity.
- Maximum remediation period is 2 years or 150% of longest program; DEAC review expected within 6–9 months.
- Aspen remains fully accredited during the show cause remediation period.
- Aspen must submit information by February 16, 2023 and notify constituents within 7 business days.