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Lake Street serves as the sole placement agent for Aspen Group, Inc. (NasdaqCM:ASPU), for its $10 million senior secured credit facility with Runway Growth Credit Fund.

July 25, 2017

Lake Street is pleased to announce it served as the sole placement agent for Aspen Group, Inc. (NasdaqCM:ASPU), a leading for-profit, online university, for its $10 million senior secured credit facility with Runway Growth Credit Fund, one of the leading financial institutions focused on growth financing. Runway Growth Credit Fund (formerly known as GSV Growth Credit Fund) specializes in providing capital to rapidly growing companies, and its principals have deep expertise in the education sector. 

About Aspen Group, Inc. (NasdaqCM:ASPU)

Aspen Group, Inc. is a post-secondary education company. Aspen University's mission is to offer any motivated college-worthy student the opportunity to receive a high quality, responsibly priced distance-learning education for the purpose of achieving sustainable economic and social benefits for themselves and their families. Aspen is dedicated to providing the highest quality education experiences taught by top-tier faculty; 54% of Aspen University's faculty hold doctoral degrees. To learn more about Aspen, visit www.aspen.edu.

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