EX-99.1 2 aspu_ex991.htm PRESENTATION aspu_ex991.htm
EXHIBIT 99.1
 
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OTCBB: ASPU
October 4, 2012
Aspen Group, Inc.
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Aspen University Snapshot:
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 Nationally Recognized & Accredited Online University
 Highly differentiated Graduate University (88%
 Graduate Students*)
  2,242 students (end-Q2)
  Nursing and Business Schools key to future growth
 Offers breadth and depth of academic disciplines
 (Doctorate, Master, Bachelor, Associate, Certificates)
 DOE Title IV Provisional Status
  Selected G.I. Jobs Military friendly school in 2010-2012
 *Not including part-time students
 
 

 
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 Weak Graduation Rates
 High Tuition Rates
 High Cohort Default Rates
 Reliance on 3rd party lead generation firms which
 drives lower quality students and high enrollment costs
 Nearing Title IV 90/10 Revenue Limit
 Many fear that student debt combined with lack of
 economic benefit is the next great bubble
What Are The Criticisms Of The For-
Profit Education Sector?
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Aspen’s Differentiated Business
Model
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 Post-Graduate
   Degree Focus
   (MBA and MSN largest programs)
 $1,050/course   Vertically-Integrated
 (among lowest in sector)   Student Acquisition
     (all internet marketing in-house,  
     no use of 3rd party lead gen firms)
 
 

 
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Aspen Competitive Advantages:
Graduate Program Focus
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The Aspen Difference - Graduate Focus Delivers
Industry Leading Metrics:
Exceptional adjunct faculty (67% hold a Doctorate)
High course completion rates (81%)
Strong graduation rates (56%)
Among highest graduate employment rates (91%)
Among lowest tuition rates in the For-Profit education sector
Lowest % of Title IV revenues in the sector (7.1%)
MBA and MS Nursing Programs most popular
 
  Student Base = 88% Graduate Students*
  *Not including part-time students
 
 

 
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Aspen Competitive Advantages:
Competitors’ Exposure to Title IV 90/10
Rule (Aspen Currently at 7.1%)
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Aspen University Cost Comparison
for MBA Program
$12,600
 
 

 
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Aspen’s Nursing Program Is An ROI
Story
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Aspen offers RNs the ability to obtain an MSN for less than $20,000:
RNs begin with 7-course RN-to-MSN Bridge Program ($7,200)
  Thereby bypassing requirement for BSN degree
Upon Bridge Program completion, matriculate to 12-course MSN
Program ($10,800)
Compensation for Nurses is defined state-by-state; studies indicate that
Nurses with an MSN earn between $30K - $90K more annually than RNs

 Aspen MSN Graduates Achieve an ROI on their Academic
 Investment in Less Than 1 Year!
*Not including part-time students
 
 

 
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Vertical Integration Marketing
Strategy
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 Work only with internet publishers directly (no use of 3rd party
 lead gen firms)
  Average Cost/Lead = $80
  Cost/Enrollment <$1,250
 All internet advertising campaigns are Aspen branded; primarily
 advertising MBA and MSN programs - that’s how we’re able to
 maintain our predominantly graduate student body
 
 

 
10
Business Metrics
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Cap Table
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Aspen Group, Inc.
 
 
Capitalization Table (9/28/12)
 
 
 
Outstanding
% Total
Shares
 54,282,187
86%
Warrants
 7,244,854
11%
Options
 1,710,000
3%
Fully Diluted Shares
 63,237,041
100%
- of which Directors & Officers
 12,215,427
19%
 
 
 
Free trading Shares
 5,760,000
9%
 
 

 
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Summary
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 CEO with record of private to public successes (ICLK,
 ACOM, CKSG)
 Defendable, differentiated and insulated business model
 from current and future legislation and regulations
 Project achieving EBITDA profitability during 2013
 
 

 
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Appendix
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Chairman & CEO Bio Highlights
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 Michael Mathews, former CEO - interCLICK, Inc. (Nasdaq:
 ICLK), acquired by Yahoo! last December for $270mm
 
 
 Former President:Europe of AGENCY.COM, 1998-2001 (Nasdaq: ACOM - IPO
 1999)
 Former Operating Head at CKS Group, 1994 - 1998 (Nasdaq: CKSG - IPO
 1995), sold to US Web for $345mm
 
 

 
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Management Team
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 Aspen University
  Michael Mathews, Chairman and CEO
  Gerry Williams, Academic President
  Brad Powers, CMO
  David Garrity, CFO
  Angee Siegel, EVP, Marketing