Aspen 8K Departure of Directors or Certain Officers | ASPU 4 Oct 12

EXHIBIT 99.1

OTCBB: ASPU

October 4, 2012

Aspen Group, Inc.

Aspen University Snapshot:

— 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

— 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?

Aspen’s Differentiated Business
Model

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)

Aspen Competitive Advantages:
Graduate Program Focus

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

Aspen Competitive Advantages:
Competitors’ Exposure to Title IV 90/10
Rule (Aspen Currently at 7.1%)

Aspen University Cost Comparison
for MBA Program

$12,600

Aspen’s Nursing Program Is An ROI
Story

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

Vertical Integration Marketing
Strategy

• 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

Business Metrics

Cap Table

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%