U of I is buying Univ of Phoenix

[RickRund]

Will post the link... Everything seems to be behind a pay windows...

Looks like $550m and turn it into a non-profit...

[Cataholic]

https://ktar.com/story/5497779/universi ... idaho/amp/

[coloradocat]

What a strange purchase. Are the essentially just buying the intellectual property, as in UoP's experience with online ed? It would be kind of surprising if UoP has a large donor base to syphon from.

[RickRund]

https://ktar.com/story/5497779/universi ... idaho/amp/

Thanks Cataholic

[Bobcat4Ever]

What a strange purchase. Are the essentially just buying the intellectual property, as in UoP's experience with online ed? It would be kind of surprising if UoP has a large donor base to syphon from.

They have just found a very creative way to recruit Arizona, and specifically the Phoenix metro area.

[coloradocat]

What a strange purchase. Are the essentially just buying the intellectual property, as in UoP's experience with online ed? It would be kind of surprising if UoP has a large donor base to syphon from.

They have just found a very creative way to recruit Arizona, and specifically the Phoenix metro area.

For their online football team?

[Bobcat4Ever]

What a strange purchase. Are the essentially just buying the intellectual property, as in UoP's experience with online ed? It would be kind of surprising if UoP has a large donor base to syphon from.

They have just found a very creative way to recruit Arizona, and specifically the Phoenix metro area.

For their online football team?

Precisely! The University of Phoenix advertises so much that sticking a UI logo on in a metro area of over 4 million will buy them some name recognition.

[Cataholic]

Two articles on the sale that make this deal sound risky. This seems to have some serious downside. I am not sure a state entity should be speculating on such an investment. A failure would be catastrophic to the institution.

https://www.highereddive.com/news/unive ... on/650804/

https://news.yahoo.com/amphtml/u-purcha ... 00342.html

[wbtfg]

Strange.....Sounds like they are doing this as a hedge against the state legislature wanting to move away from public education? Also, I think phoenix has a pretty terrible reputation as being predatory in nature.

What's next? UM going to acquire ITT Tech?

[Bobcat4Ever]

Strange.....Sounds like they are doing this as a hedge against the state legislature wanting to move away from public education? Also, I think phoenix has a pretty terrible reputation as being predatory in nature.

What's next? UM going to acquire ITT Tech?

Close, but this may be their target:
https://www.fredastaire.com/paradise-valley/

[RickRund]

Strange.....Sounds like they are doing this as a hedge against the state legislature wanting to move away from public education? Also, I think phoenix has a pretty terrible reputation as being predatory in nature.

What's next? UM going to acquire ITT Tech?

Close, but this may be their target:
https://www.fredastaire.com/paradise-valley/

[allcat]

If this wasn't governmental accounting, I suspect we would be looking at a big write off in a few years. By doing something like this I think they lose their superior attitude over Boise academics.