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U of I is buying Univ of Phoenix
Posted: Sat May 20, 2023 5:16 pm
by RickRund
Will post the link... Everything seems to be behind a pay windows...
Looks like $550m and turn it into a non-profit...
Re: U of I is buying Univ of Phoenix
Posted: Sat May 20, 2023 6:46 pm
by Cataholic
Re: U of I is buying Univ of Phoenix
Posted: Sun May 21, 2023 9:15 am
by 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.
Re: U of I is buying Univ of Phoenix
Posted: Sun May 21, 2023 11:20 am
by RickRund
Re: U of I is buying Univ of Phoenix
Posted: Sun May 21, 2023 8:17 pm
by Bobcat4Ever
coloradocat wrote: ↑Sun May 21, 2023 9:15 am
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.
Re: U of I is buying Univ of Phoenix
Posted: Sun May 21, 2023 9:33 pm
by coloradocat
Bobcat4Ever wrote: ↑Sun May 21, 2023 8:17 pm
coloradocat wrote: ↑Sun May 21, 2023 9:15 am
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?
Re: U of I is buying Univ of Phoenix
Posted: Sun May 21, 2023 9:41 pm
by Bobcat4Ever
coloradocat wrote: ↑Sun May 21, 2023 9:33 pm
Bobcat4Ever wrote: ↑Sun May 21, 2023 8:17 pm
coloradocat wrote: ↑Sun May 21, 2023 9:15 am
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.
Re: U of I is buying Univ of Phoenix
Posted: Mon May 22, 2023 8:21 am
by 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
Re: U of I is buying Univ of Phoenix
Posted: Tue May 23, 2023 12:44 pm
by 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?
Re: U of I is buying Univ of Phoenix
Posted: Tue May 23, 2023 6:31 pm
by Bobcat4Ever
wbtfg wrote: ↑Tue May 23, 2023 12:44 pm
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/
Re: U of I is buying Univ of Phoenix
Posted: Wed May 24, 2023 10:20 am
by RickRund
Bobcat4Ever wrote: ↑Tue May 23, 2023 6:31 pm
wbtfg wrote: ↑Tue May 23, 2023 12:44 pm
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/
Re: U of I is buying Univ of Phoenix
Posted: Thu May 25, 2023 2:00 pm
by 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.
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.