The document provides an overview of Aspen Group, Inc., a publicly traded online university. It discusses Aspen's business model, competitive advantages, and financial projections. Key points include: - Aspen focuses on graduate degree programs like MBAs and MSNs, which have higher completion rates and salaries than undergraduate programs. - Their low tuition rates and in-house student acquisition model help keep costs down compared to competitors. - Projections estimate growing student enrollment from 2,300 in 2013 to 5,000 in 2015, with revenues increasing from over $4 million to over $11 million in that period. - Aspen expects to break even on an adjusted EBITDA basis around 2,500 students and achieve