Item 8.01 Other Information.





On February 1, 2023, Aspen Group, Inc. ("AGI") received notification that its
Aspen University institution ("Aspen" or the "Institution") had been issued a
Show Cause Directive by the Distance Education Accrediting Commission ("DEAC" or
"the Commission") requiring Aspen to prove why its current accreditation should
not be withdrawn and to require Aspen to undergo a special visit by a team of
DEAC evaluators. Show Cause is a procedural order that places the burden on
Aspen to prove it remains an entity that meets DEAC's accreditation standards.



DEAC informed Aspen that certain areas of concern raise serious questions as to
Aspen's ongoing compliance with DEAC Accreditation Standards III.D., V.A., X.B.,
XI.E., and DEAC Procedures under Part Two, Section XVII.E, including curricula
and instructional materials; student achievement; reputation; operations; and
notifications. These call into question Aspen's organizational integrity,
administrative capacity, and ability to serve students in a manner that complies
with DEAC standards. The letter also requires the Institution to submit certain
information to DEAC prior to February 16, 2023, and to constituents within seven
business days, and permits continuance of DEAC's monitoring of monthly financial
reports.



To date, Aspen has provided multiple regulatory bodies with requested records
and data and the Institution will willingly comply with the Commission's
continued oversight through the 2-year show cause period during which Aspen
remains fully accredited. The Institution strongly believes that the oversight
will continue to demonstrate Aspen's compliance with accreditation criteria.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits



                                                                                            Filed or
Exhibit                                                     Incorporated by Reference       Furnished
   #                  Exhibit Description                 Form       Date        Number     Herewith

104 Cover Page Interactive Data File (embedded

within the Inline XBRL document

© Edgar Online, source Glimpses