Psychiatrist wants patients to see his name in the New York Times

Is this narcissistic?

"Please print this letter so that when my patients Google me they will see that their psychiatrist and psychoanalyst has been published in The New York Times," wrote Levin, who lives in the Philadelphia area and has had a practice for about 30 years.

The letter, which was published in the Times on Tuesday, made an immediate splash on Twitter, where it was applauded by journalists like New York Daily News columnist Harry Siegel.

"Well played, Bruce J. Levin," Siegel tweeted.

Levin was inspired to write in after reading a story published in the Times on Sunday. The story, titled "Do You Google Your Shrink?," explored how the psychiatric community has adjusted to exposure of personal information in the online age. Levin was not the only psychotherapist who responded to the story.

One reader from Queens argued that "patients always knew a great deal about the person they were talking to" -- even before the advent of the Internet. Another reader from Indiana said that she would turn away any patient who arrived at her office with a trove of information retrieved from the Internet.

Levin opted for levity.

"I just read the article, and it struck me, 'What would Stephen Colbert or Larry David say about something like this?'" he told CNNMoney.

Levin grew up in New York, and he said he's been reading the paper of record since he was a kid.

"I've had some letters in the Times," he said, a modest reference to his more than half-a-dozen missives that the Times has published.

His first published letter came in response to a column by Maureen Dowd. In the letter, Levin applauded Dowd's "depiction of the sweeping cultural and social drug revolution that has shamelessly affected our country." He said Dowd emailed him to express her gratitude.

"A couple people were very hostile to her point of view, and she felt like I understood what she was talking about," Levin recalled.

Levin has relished the response this week to his cheeky letter. He received a phone call from an old high school friend who he hadn't spoken to in years. His son, a college student, told him about the reaction on social media.

"This is the first time I've ever looked at anything on Twitter," Levin said.

He also received an email from a fellow psychiatrist who got a kick out of the letter.

And how did the colleague retrieve Levin's contact information? By Googling him, of course.

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CNNMoney (New York) April 7, 2015: 6:30 PM ET

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What Rand Paul's flat tax plan would look like

He also wants to simplify the tax code, eliminate the estate and gift taxes and wipe out investment taxes too.

And he wants to do it by way of a "flat tax."

"As President, I would promote a Fair and Flat Tax plan, known as the 'EZ Tax.' My tax plan would be the largest tax cut in American history, reforming individual, business, and worker taxes," the Libertarian-leaning senator from Kentucky wrote on his new 2016 campaign Web site.

Related: Rand Paul: 'I am running for president'

The big idea behind a flat tax: Move from an income tax system with many rates to one single rate. Kill all but a few tax breaks. And make all investment income tax free. Generally, the goal is to only tax money once: either when it's earned or when it's withdrawn after being deposited or invested.

Not all flat-tax proposals are alike, however. They can differ in how high they set the rate; how big of an income tax exemption they allow for all filers based on family size; how many other tax breaks they include; and whether they eliminate payroll and estate taxes.

Related: Rand Paul-onomics: 4 things to know

Here are the few details we know about how Paul would structure his flat tax:

Single, flat tax rate: 17%

Paychecks: Individuals would pay 17% tax on wages and salaries. The net effective rate they pay would almost certainly be lower assuming they're allowed to take an exemption, which is typical under a flat tax. For example, say you gross $100 in income and get to exempt $20. You'd only pay 17% on the $80 that remains. That works out to be $13.60, or just 13.6% of your gross income.

Business income: Businesses would be subject to the same 17% rate.

Investment income: Capital gains, dividends and interest would be tax free.

Payroll tax: Low- and middle-income workers would get an exemption from the Social Security tax. How much isn't clear.

Estate and gift tax: Eliminated.

Alternative Minimum Tax (AMT): Eliminated.

It's not clear how Paul's campaign proposal for a flat tax differs from the flat-tax proposal he's made in the past two years.

Under that earlier proposal, Paul said he would preserve and increase both the personal exemption and standard deduction. He would also keep tax-free fringe benefits to employees, such as employer contributions to help pay for workers' health insurance. And all capital gains made on the sale of one's primary residence also would be tax-free.

Related: Why the middle class is still getting snared by the 'wealth tax'

A frequent criticism of the flat tax is that it may disproportionately benefit the very rich, since they have so much investment income, which would be tax-free. But given how few details there are about Paul's proposal, it's too early to say what the distributional effects would be.

What can be said is that his flat tax proposals would bring in far less revenue than the current system. Why? If he wanted to maintain the current amount of revenue, that would require a flat rate of at least 25%, said Joseph Rosenberg, a senior research associate of the Tax Policy Center.

Paul's proposal outlined Tuesday would, by the candidate's own estimate, bring in $700 billion less revenue every year than the current income tax system.

At the same time, Paul stressed his disdain for the country's debt when announcing his bid for the presidency. "Stop spending money you don't have," he said.

That goal will be much harder to reach under his flat tax plan.

Paul's campaign did not immediately respond to a request for more details about his proposal.

CNNMoney (New York) April 7, 2015: 5:05 PM ET

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China's taxman is coming for Alibaba

Two of the company's "lock up" agreements have now expired, releasing an additional 437 million shares for trading. Another 1.6 billion shares -- owned by co-founders Jack Ma and Joe Tsai and investors Yahoo and Softbank -- will be eligible to hit the market in September. Alibaba sold 320 million shares, or about 13% of the company, in its IPO.

During an IPO, companies can "lock-up" shares from trading for a certain amount of time to prevent major shareholders -- typically insiders like executives or venture capitalists -- from flooding the market in the initial trading period. Share prices sometimes drop before a "lock-up" ends, as investors worry about more stock hitting the market, thought it remains unclear what Alibaba's biggest stakeholders will do.

Together, these chunks of Alibaba stock represent 80% of the company. If they were sold at current prices, Alibaba (BABA, Tech30) insiders would be in line for a whopping $165 billion payday.

Experts say Beijing will definitely be looking to collect tax on that windfall.

"The size in terms of dollar amount is massive, and in terms of the number of people that benefited within the company is also very significant," said China tax specialist Clifford Ng, a partner at law firm Zhong Lun. "Obviously, the more high profile the company, the more likely that the government will have to make sure that taxes are collected properly."

China taxes its citizens on worldwide income, no matter where they live or work -- just like the U.S. The country has a progressive tax rate on employment-based income that ranges from 3% to 45%, and a capital gains tax that tops out at 20%.

But authorities have long failed to collect billions in taxes from rich Chinese who launder money overseas, find creative ways to hide income or move abroad.

Related: Beijing loses billions as rich skip taxes

Beijing is now cracking down on tax evasion as government debt continues to balloon. Last year, authorities recovered 172.2 billion yuan ($28 billion) from individuals engaged in criminal tax evasion, or roughly 1.7% of the government's total income tax revenue, according to the State Administration of Tax.

The government is also requiring firms like Alibaba that offer employee share incentive plans to register with the State Administration of Foreign Exchange (SAFE), a bureau that controls how much money flows in and out of China. Beijing even asks companies to report and withhold tax dollars based on those stock incentive schemes.

This helps the government keep tabs on Chinese firms that list overseas, because company ownership is essentially moving offshore, Ng said.

Alibaba spokesman Bob Christie confirmed that the company was complying, saying the firm "withholds capital gain tax on the capital from share sales [that] can be repatriated back to China through a channel stipulated by SAFE."

Employees who participated in a share incentive plan were also required to register with SAFE once the company went public, according to Alibaba's IPO prospectus.

"Through public filings by the listed companies, and the reporting required ... the State Administration for Tax has a pretty good handle on who should pay what," Ng said. "Perhaps more so than any other country, because so many Chinese companies list overseas."

Read next: Who the heck is Jack Ma? Meet the man who built Alibaba

CNNMoney (Hong Kong) April 7, 2015: 10:47 PM ET

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Phone wars: Samsung earnings show signs of life

Samsung said Tuesday that it anticipates an operating profit of 5.9 trillion won ($5.4 billion) for January to March -- a 31% decline from the previous year, but the strongest number in three quarters.

First quarter sales are also expected to be lower, falling 12% to around 47 trillion won ($43.1 billion), compared to the same period last year.

While the sales figure was weaker than analysts had expected, profit topped forecasts, pushing Samsung shares trading in Seoul up by 0.7%.

The figures are a preliminary forecast, and Samsung will release an official report in the coming weeks.

Related: An iPhone for people who hate Apple

For years, Samsung has relied on its smartphone division to deliver major profits. The company had a iron grip on major markets including China, and huge margins helped turn the firm into one of the world's largest and most recognizable tech brands.

But intense competition at both the high and low ends of the smartphone market have reversed the company's fortunes. Samsung has lost ground to Apple and Xiaomi (a company that is only five years old). Analysts hold little hope for a return to dominance.

In response, Samsung is working to pare down its crowded smartphone lineup. It's also making a major move into India to capture more of the low-cost phone market. It recently released the Galaxy S6, its new flagship phone, which is expected to be a hot item in coming quarters.

To help bolster sales, Samsung is relying on growth in other parts of the company, including semiconductors and other technology. The company has been tipped, for example, to produce Apple's next-generation smartphone chip.

Samsung did not provide a profit breakdown by business in Tuesday's profit forecast.

Related: Samsung live-streamed a virtual reality birth

Related: Apple's iPad sales keep falling

CNNMoney (Hong Kong) April 6, 2015: 9:28 PM ET

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Indian companies in mad rush to find women board members

Hundreds of Indian companies have failed to comply. At other firms, management have appointed daughters, wives and other close family members to the board -- a move that complies with the letter of the new regulation, but not the spirit.

Out of the 1,456 companies listed at India's National Stock Exchange (NSE), as many as 180 -- or 12% -- failed to appoint a single woman director, even after the government's initial deadline was extended by six months, according to PRIME Database, a firm that compiles capital market data.

Another 770 listed companies have appointed directors that cannot be considered independent -- meaning they are management's close family members or have another vested interest -- according to Prime Database.

Related: Wall Street still hires mostly white men

Pranav Haldea, managing director of PRIME Database, said that appointing next-of-kin directors creates a corporate governance problem, and does nothing to solve gender inequality.

"If the female appointee, a family member, is qualified enough then there shouldn't be a problem," he said. "However, we can see that that is not the case. Compliance is being done only on paper, which is absolutely wrong."

The argument for more women on corporate boards -- aside from basic issues of equality -- is that companies make better decisions when a variety of views are considered. There is even some evidence to suggest that firms with diverse boards outperform their more homogenous rivals.

Related: Best and worst countries for women on corporate boards

India, in particular, has struggled with the issue. In a society that has been regularly branded as patriarchal, little has been done to address the widening gap between men and women in the corporate world.

The International Labour Organization ranked India at a dismal 120 out of 131 countries for female labor participation in 2013. Roughly 25% of women in India are active in the workforce, a lower rate than that of Cuba, Bangladesh and Somalia. Female literacy stands at 54% in India, more than 21 percentage points behind that of males.

Arundhati Bhattacharya, the only woman to lead the State Bank of India in its 208-year history, warned earlier this year that companies need to do more to help women.

"In India, women are still the primary caregivers," she told CNN. "Whether it be for children, whether it be for old people or sick people, you are the primary caregiver. No matter what position you are in."

"I think we need to do more in order to get [women] to stay [in the workforce]," she said. "There are still too few people staying put for them to have a good shot at the top jobs."

Related: Missing from Asia's boardrooms? Women

CNNMoney (New Delhi) April 6, 2015: 10:24 PM ET

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China declares war on 'forbidden game' of golf

On March 30, Chinese authorities announced the closure of 66 "illegal" golf courses -- roughly 10% of all courses in the country -- in an apparent attempt to start enforcing a long-ignored ban on golf-related construction.

The following day, the Commerce Ministry announced that one of its senior officials was under investigation for "participating in a company's golf event," thus putting him on the wrong side of President Xi Jinping's "eight rules" against extravagance among government officials.

In Xi's China, being put "under investigation" is tantamount to being found guilty. Since embarking on his seemingly ceaseless anti-corruption campaign more than two years ago, hundreds of thousands of officials at all levels of government have been put in the crosshairs.

The biggest names caught in the web are called "tigers." That's not a golf reference, but China's current crackdown on the sport does show how pervasive and unpredictable Xi's crusade has become.

As I wrote in my book on the topic, China has long had a complicated relationship with golf. Mao Zedong banned it, denouncing golf as the "sport for millionaires." Even after China opened up and golf re-emerged in the mid-1980s, largely as a way to attract foreign investment, the sport was saddled with serious image problems.

It's not hard to see why.

The construction and maintenance of golf courses is particularly resource intensive. China is home to 20% of the world's population, yet just 7% of its fresh water and 9% of its arable land, one-fifth of which is polluted.

Golf also remains prohibitively expensive in China (this was one thing about which Mao was right) and it has earned a reputation as a self-indulgent, elitist pursuit. In a nation of 700 million peasant farmers, only a small sliver of the population can afford to play the game.

That small sliver should not include anyone living off the salary of a public official, but it often has over the years. At best, the public would view these backswinging bureaucrats as out of touch. At worst, they are thought to be totally corrupt.

In Guangdong province, the birthplace of golf in modern China, an investigative team has been formed to crack down on officials who took part in any of nine golf-related activities. There's even a public hotline for reporting suspected golf violations.

Related: How California golf courses are surviving the drought

Over the past decade, however, not much seemed like it could get in the way of golf's meteoric growth in China. While it's been illegal to build new golf courses in China since at least 2004, no other country has built more of them over the past decade -- not even close.

Beijing would say new construction is banned, while at the same time local governments would line their pockets with the proceeds from the boom. There didn't seem to be too many rules in all of this, but one was especially important: When building a golf course in China, don't call it a golf course. One massive project of note was known as "ecological restoration."

There were crackdowns. But most were regional and temporary. And at the end of the year, you could always count on two things: a dramatic increase in the number of golf courses in China, and rumors that the Chinese government was about to legitimize and regulate the industry. Just wait and see how many golf courses get built then, people would say.

This past year, however, things changed dramatically. This current crackdown actually seems to be one of the rare times that industry rumors ended up becoming reality. Last fall, everyone was abuzz with unofficial word of up to 100 courses being shut down in the coming year. Construction had already almost come to a complete halt, and scrutiny seemed to be shifting to existing courses.

Major money: golf's biggest winners

Bill Haas plays from the bunker at the 15th hole during the WGC-HSBC Champions tournament held in China.

This crackdown is indeed real and serious -- over dinner recently in Hong Kong, I was shown photos of fairways with thousands of newly planted trees on them -- and it appears to be far-reaching. Courses on the tropical island of Hainan, where golf seemingly had the green light, have been impacted, as have well-connected developers who most assumed would be untouchable.

The focus of the crackdown appears to be not just a golf course's mere existence, but its impact on land and water supplies.

These are valid concerns, especially in China, but who knows if the closures will really address those serious issues or just provide fodder for headlines. It will be interesting to see how many of the 66 courses on the government's list close, and stay closed. And it will be even more interesting to see what that land is being used for five years from now.

Caddies: PGA treats us like second-class citizens

This is a weird time in China. Xi's campaign against corruption has created a very tense and uncertain business and political climate. And yet, in some ways, things seem to be China as usual.

Just days before the latest golf crackdown was announced, it was widely reported that Tiger Woods had signed a $16.5 million deal to redesign two courses in China. The week after The Masters, Bubba Watson, the No. 3 golfer in the world, is scheduled to compete in the $2.5 million Shenzhen Invitational, the latest international golf tournament to land on China's shores.

Meanwhile, the Chinese government quietly continues to funnel an unprecedented amount of money into its national golf team, all in pursuit of those all-important Olympic medals.

So what does this all mean? And what does the future hold for golf in China? Every time I am asked that, I am reminded of a new take on an old joke: If you want to make China laugh, tell it about your predictions.

Dan Washburn is Chief Content Officer at the Asia Society and author of The Forbidden Game: Golf and the Chinese Dream.

CNNMoney (New York) April 6, 2015: 10:48 PM ET

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Three fatal failures in Rolling Stone's UVA rape story

In its three-month review, Columbia Journalism School identified multiple instances where Rolling Stone's Sabrina Rubin Erdely and her editors could have avoided the calamities that ultimately forced the magazine to retract "A Rape on Campus," a story about a woman identified only as "Jackie" who claimed to have been gang raped at UVA's Phi Kappa Psi frat house.

Time after time, the review found, Erdely and her colleagues neglected to take steps that might have led the magazine to reconsider the story altogether. Here are three of those failures.

1) Erdely fails to corroborate the story with Jackie's friends: In Erdely's story, which was published on November 19, Jackie recalled reaching out to three friends after the alleged rape occurred.

But Erdely did not do enough to track them down.

"It should have been possible for Erdely to identify the trio independently," the review concluded.

Most damningly, Columbia Journalism School found that all "three friends would have spoken to Erdely, they said, if they had been contacted." The friends would also "have denied saying any of the words Jackie attributed to them."

Erdely expressed surprise that her editors didn't push her harder to reach out to the three friends.

Rolling Stone deputy managing editor Sean Woods, who edited Erdely's story, had a different recollection. Woods said he asked Erdely to reach out to the friends, but she said that she couldn't. When Woods asked "repeatedly" if they were reachable, Erdely said no. Woods said he stood down at that point because he "felt we had enough."

"That was the reporting path, if taken, that would have almost certainly led the magazine's editors to change plans," according to the Columbia report.

2) Erdely was vague and withholding when she reached out to the fraternity: The review found that Erdely fell short in her efforts to get Phi Kappa Psi's side of the story.

If Rolling Stone "had given the fraternity a chance to review the allegations in detail," the review said, Erdely and her editors might have attempted to "verify Jackie's account more thoroughly."

Although Erdely might have had reason to fear the fraternity preempting her story, the review said it is "risky for a journalist to withhold detailed derogatory information from any subject before publication."

After the story was published, the fraternity reviewed its records, and found that it did not host an official function the night Jackie said she was raped.

3) Erdely and her editors abandoned their pursuit of the alleged assailants: Jackie, the review found, "proved to be a challenging source," and she was particularly evasive when Erdely tried to find out more about the lifeguard who allegedly organized the frat house assault. When Erdely asked for his name, Jackie refused, saying she still lived in fear of him.

In subsequent interviews after the story was published, Erdely herself would cite this as a reason for why she didn't contact the alleged assailants.

But while Jackie refused to divulge the last name of the alleged ringleader, she did suggest that Erdely find him through the fraternity's roster. After Jackie went incommunicado for two weeks, Erdely and her editors hatched a "solution."

The reporter left a message for Jackie, assuring her that the magazine would not contact the lifeguard after all. Instead, he would be identified by a pseudonym, Drew. Jackie "called back quickly" and Erdely recalled that she suddenly "chatted freely about the lifeguard, still without using his last name."

In December, the Washington Post delivered a massive blow to Erdely's story when it found that a UVA student matching Drew's description was not a member of Phi Psi and denied ever having met Jackie in person.

Related: Major failures found in Rolling Stone's 'A Rape on Campus'

Related: Author of botched Rolling Stone rape story apologizes

CNNMoney (New York) April 5, 2015: 10:11 PM ET

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Bill Gates' 40th anniversary email: Goal was 'a computer on every desk'

To mark the anniversary, Gates reportedly sent an email to Microsoft employees Friday. The message, which made the rounds on Twitter, invokes the origin of Microsoft (MSFT, Tech30), which opened it doors on April 4, 1975.

"Early on, Paul Allen and I set the goal of a computer on every desk and in every home. It was a bold idea and a lot of people thought we were out of our minds to imagine it was possible," Gates wrote. "It is amazing to think about how far computing has come since then, and we can all be proud of the role Microsoft played in that revolution."

Related: 11 things you need to know about the new Surface

In the email, Gates also looks toward the future, supporting the leadership of Microsoft's current CEO, Satya Nadella.

"In my role as technical advisor to Satya, I get to join product reviews and am impressed by the vision and talent I see," he said, specifically pointing to products like Cortana, Skype Translator, and HoloLens.

Gates, 59, has undergone a transformation himself in that time. Now worth nearly $80 billion, he is now the world's richest man and has become a major figure in philanthropy.

He wrote to employees: "I hope you will think about what you can do to make the power of technology accessible to everyone, to connect people to each other, and make personal computing available everywhere."

Gates stepped down as chairman of Microsoft last year, after leaving his day-to-day role in 2008.

Allen has also become a noted philanthropist, making headlines last year for pledging to donate $100 million to combat Ebola.

A copy of the email that made the rounds on Twitter.

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CNNMoney (New York) April 5, 2015: 4:26 PM ET

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Read full text Rolling Stone's apology

Rolling Stone magazine not only retracted but deleted its now-discredited article from its website.

Last November, we published a story, "A Rape on Campus" [RS 1223], that centered around a University of Virginia student's horrifying account of her alleged gang rape at a campus fraternity house. Within days, commentators started to question the veracity of our narrative. Then, when The Washington Post uncovered details suggesting that the assault could not have taken place the way we described it, the truth of the story became a subject of national controversy.

As we asked ourselves how we could have gotten the story wrong, we decided the only responsible and credible thing to do was to ask someone from outside the magazine to investigate any lapses in reporting, editing and fact-checking behind the story. We reached out to Steve Coll, dean of the Columbia School of Journalism, and a Pulitzer Prize-winning reporter himself, who accepted our offer. We agreed that we would cooperate fully, that he and his team could take as much time as they needed and write whatever they wanted. They would receive no payment, and we promised to publish their report in full. (A condensed version of the report will appear in the next issue of the magazine, out April 8th.)

This report was painful reading, to me personally and to all of us at Rolling Stone. It is also, in its own way, a fascinating document -- a piece of journalism, as Coll describes it, about a failure of journalism. With its publication, we are officially retracting 'A Rape on Campus.' We are also committing ourselves to a series of recommendations about journalistic practices that are spelled out in the report. We would like to apologize to our readers and to all of those who were damaged by our story and the ensuing fallout, including members of the Phi Kappa Psi fraternity and UVA administrators and students. Sexual assault is a serious problem on college campuses, and it is important that rape victims feel comfortable stepping forward. It saddens us to think that their willingness to do so might be diminished by our failings.

Related: Author of botched article apologizes

Related: Major 'failures' found in Rolling Stone's 'A Rape on Campus'

CNNMoney (New York) April 5, 2015: 8:37 PM ET

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Nigerian immigrant accepted by all 8 Ivy League schools

Harold Ekeh is a senior at Elmont Memorial High School in Elemont, New York.

Now comes the really hard part: Deciding where to go. He actually got into all 13 schools he applied to, including MIT and Johns Hopkins.

"I am leaning toward Yale," he told CNNMoney. "I competed at Yale for Model UN, and I like the passion people at Yale had."

Some of the Yale students he met became his friends and mentors, offering advice on the college application process. Now Ekeh is trying to do the same thing.

Ekeh, 17, founded a college mentoring program at his school, Elmont Memorial High School on Long Island in the New York city suburbs. His goal is to get more students into top universities.

Related: Harvard rejects about 95% of applicants

American dream: Ekeh was born in Nigeria and came to the United States when he was eight. He wrote his main college essay about the struggle to adjust, including being clueless in U.S. history classes at school. He said he would ask his parents repeatedly why they moved.

"We had a fairly comfortable life in Nigeria, but they told me we moved to America for the opportunities like the educational opportunities," he recalled.

The salutatorian is quick to credit his parents, school and community for his success.

"I am very humbled by this," Ekeh said. "It's not just for me, but for my school and community. We can accomplish great things here."

Related: 17-year old rejects Duke's rejection letter

A passion for science: He wants to major in neurobiology or chemistry in college and later become doctor and, ultimately, a neurosurgeon. He was named a 2015 Intel Science Talent Search semifinalist earlier this year for his research on how the acid DHA can slow Alzheimer's.

For Ekeh, the cause is personal. His grandmother was diagnosed with Alzheimer's when he was 11. One of his proudest moments was running home to tell his mother and aunts about the breakthroughs he was finding with DHA.

"When other kids would say, 'I want to be a superhero or police officer,' I would say, 'I want to know what is on the inside of us,'" he said.

Related: Stanford offers free tuition for families with less than $125,000

The key to success: Outside of the lab, Ekeh directs a youth choir at his church, plays the drums, is part of Key Club and Model UN and was elected to the Homecoming court. He speaks Ibo and Spanish and has a 100.5% GPA. He's proud of acing the AP History Exam despite his early struggles with the subject.

Elmont High School is 99% minority. Ekeh is the second student in recent years to win a prestigious Intel Science award.

Principal John Capozzi calls Ekeh "one of the most humble young men I've ever hadn't the opportunity to meet." The lab where Ekeh did his award-winning research is modest and only staffed part-time by a passionate chemistry teacher, but the community makes the most of what it has.

Ekeh will spend the coming weeks visiting all the schools before making his final decision.

His advice to other high school students is simple: "Like my parents always told us, the secret to success is unbridled resolve."

Related: Private college with the biggest payoff

Related: University of Phoenix has lost half its students

CNNMoney (New York) April 4, 2015: 5:11 PM ET

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