Agreed. By all metrics, they are not a strong program and a poor investment. There have been several threads about Argosy. Try doing a forum search for more info, but here is a good place to start:
With all the schools that are in the DC area they are not highly regarded. I have heard from other doctoral programs that their students have a hard time getting practicum placements.
I double checked this b/c I've heard it was one of the better Argosys. Their match rate is actually 69.9 since 2000, and 66.7% last year. Nothing terrific, for sure.
However...look at their number of students in 2010......105!!!! Holy crap, how many profs do they have? Cant be enough to properly mentor 105 people. Thats crazy. That was the highest number I saw while quickly scrolling through.