John Sperling
American businessman (1921–2014)
John Glen Sperling (January 9, 1921 – August 22, 2014) was an American billionaire businessman who is credited with having led the contemporary for-profit education movement in the United States The fortune he amassed was based on his founding of the for-profit University of Phoenix in 1976, which became part of the publicly traded Apollo Group. Sperling brought the business model of higher education to the forefront, a model that employed the scientific management of higher education to the forefront: diminishing the power and importance of labor, increasing the importance of technology, marketing and advertising, and as University of Phoenix cofounder John D. Murphy explained, maximizing profit.2
From Wikipedia’s article on John Sperling (this version), CC BY-SA 4.0.
Born Jan 9, 1921, died Aug 22, 2014.1
About
For ventures ranging from pet cloning to green energy, he has widely been described as an "eccentric" self-made man by The Washington Post and other media.
From Wikipedia’s article on John Sperling, shared under CC BY-SA 4.0.2
Companies
- Apollo GroupFounder11
- University of PhoenixFounder12
- Apollo GroupActing Exec Chrmn of the Board Jul 6, 2007 to Oct 23, 201213
- Apollo GroupBoard member Jan 4, 2006 to Oct 23, 201214
- Apollo GroupChair Apr 13, 2006 to Jan 4, 201015
Early life and education
- Date not recordedReed College3
- Date not recordedUniversity of California, Berkeley3
- Date not recordedKing's College3
Sperling was born to a poor sharecropper family in the Missouri Ozarks. His father worked for the railroad and his mother was a fundamentalist Christian. He spent several years as a sailor in the merchant marine, and even as a wandering 1950s beatnik. He received his undergraduate education at Reed College, Portland, Oregon, a master's degree from the University of California, Berkeley under the G.I. Bill, and then went on to read for a PhD in economic history at King's College, Cambridge. His doctorate thesis examined 18th-century English mercantile history.
University of Phoenix
The University of Phoenix is a for-profit institution of higher learning. It was a wholly owned subsidiary of Apollo Group Inc. which was a publicly traded (Nasdaq: APOL) S&P 500 corporation based in Phoenix, Arizona. The University of Phoenix was founded by John Sperling, who felt that "working adult students were often invisible on traditional campuses and treated as second-class citizens." Sperling is also quoted as saying "We are not trying to develop [students'] value systems or go in for that 'expand their minds' bullshit." In 1976, it began in Phoenix, with the first class consisted of eight students. In 1980, the school expanded to San Jose, California, and in 1989, the university launched its online program.
The school formerly had an enrollment of 420,700 undergraduate students and 78,000 graduate students, or 224,880 full-time equivalent students. The university had more than 200 campuses worldwide and conferred degrees in over 100 degree programs at the associate, bachelor's, master's and doctoral levels. University of Phoenix has an open enrollment admission policy, requiring only a high-school diploma, GED, or its equivalent. The school also provides associate or bachelor's degree applicants opportunity for advanced placement through its prior learning assessment, which, aside from previous coursework, college credit can come from experiential learning essays, corporate training, and certificates or licenses.
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For-profit Higher Education
In 1997 Sperling and Robert W Tucker published a book, For-profit Higher Education: Developing a World-class Workforce.
Most of the content of this book was derived from a series of internal position papers written by Sperling & Tucker (Tucker was a Senior Vice President). The papers, some 47 in all, were written from 1992 through 1997 to guide the development of the institution to serve the adult-centered market effectively.
Perhaps the most controversial argument made in this book was its analysis of taxpayer costs associated to the three basic models of higher education: public, private (non-profit), and private (for-profit). By accounting not only for direct taxpayer funding associated to the three models, but also for government support to non-profits and, especially, forgone revenue in the non-profit models (including: taxes on endowments; property, sales, use, taxes; federal and state taxes on profit or surplus revenue), Sperling & Tucker's model showed that taxpayers realized a profit of several hundred dollars per student per year from a successful for-profit university. The model also showed that taxpayers underwrite costs amounting to several thousand dollars per student per year for students attending public and non-profit institutions. Sperling & Tucker's model showed that taxpayers underwrite the highest dollar value for students attending a small number of highly elite institutions, largely because of their very large tax-free endowments.
There are criticisms of Sperling & Tucker's economic and financial arguments. At the time this book was published, the student loan default rate for University of Phoenix students was at or below the average for state 4-year institutions. This parity eliminated loan default costs as a significant factor in the analysis. (Although the model included default rates by institution.) Today, the default rate for-profit institutions is above the average for public and non-profit institutions, leading critics to argue that the difference in the level of taxpayer support required under the three models is not so large and perhaps does not exist. Considerable disagreement centers on this point. Some of the disagreement rests on which economic and financial variables to consider in the taxpayer cost equation; some disagreement rests on uncertainties and disputes surrounding true taxpayer costs in loan defaults.
Other themes in the 1997 book include an argument that regional accrediting bodies play an inconsistent and restrictive role in innovation and an overview of the integrated assessment, academic decision-support, and quality management system developed and implemented by Tucker.
From Wikipedia’s article on John Sperling (this version), CC BY-SA 4.0.
Career
Occupation: businessperson.7
- Date not recordedWorked at California State University4
- Date not recordedFounded University of Phoenix5
- Date not recordedFounded Apollo Group6
Apollo Group
Apollo Group (Nasdaq: APOL) was an S&P 500 corporation based in the South Phoenix area of Phoenix, Arizona. Apollo Group, Inc., through its subsidiaries, owned several for-profit educational institutions before it was acquired by Apollo Global Management and two other companies.
Apollo was founded by John Sperling in 1973. Sperling founded the University of Phoenix in his 50s with no investors and no track record in businesses while facing what he described in his biography as "mean-spirited" opposition from accreditation agencies, competitors, and the press.
The company owned and operated four higher-learning institutions: the University of Phoenix, Western International University, Axia College, the College for Financial Planning, the Institute for Professional Development. It also owned Insight Schools (Online Public High Schools for Washington, Wisconsin, and other locations), and Olympus High School. As of November 2005, the combined enrollment of the four U.S. domestic universities (UOPX, WIU, Axia, CFFP) was approximately 315,350 students. Of these, nearly 90% attended the University of Phoenix, which Apollo Group described as "the nation’s largest regionally accredited private university".
Additionally, Apollo Group, Inc. was the owner of BPP University in the United Kingdom. It joined forces with Carlyle Group to create Apollo Global for investing in education abroad. Apollo Global also purchased UNIACC college in Santiago, Chile and ULA college in Mexico.
From Wikipedia’s article on John Sperling (this version), CC BY-SA 4.0.
Personal life
Sperling was married and divorced twice. He had one son, Peter Sperling, who took over his role as chairman of the Apollo Education Group for some time, and two grandchildren at the time of his death.
Sperling's close friendship with Nancy Pelosi was documented in the book Degrees of Inequality.
From Wikipedia’s article on John Sperling (this version), CC BY-SA 4.0.
Politics
Before becoming an entrepreneur at age 53, Sperling was a tenured professor at San Jose State University. He was an activist for several liberal causes during the 1960s, such as building a powerful new California faculty union, and was part of several conflicts with authorities and university leaders regarding his experimental adult education schemes.
John Sperling was also an opponent of drug prohibition and was financing initiatives to decriminalize medical marijuana in the United States. According to Time magazine, Sperling used marijuana to combat pain caused by the cancer he fought during the 1960s. Together with George Soros, and Peter Lewis of Progressive Insurance, Sperling raised considerable amounts of money for drug and other related causes, especially during the 2004 presidential campaign.
From Wikipedia’s article on John Sperling (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataJohn Sperling on Wikidata
- 2WikipediaJohn Sperling on Wikipedia
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- 11WikidataApollo Group, Founder
- 12WikidataUniversity of Phoenix, Founder
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- 14SEC EDGARApollo Group, Board member
- 15SEC EDGARApollo Group, Chair