U of I is buying Univ of Phoenix

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RickRund
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U of I is buying Univ of Phoenix

Post by RickRund » Sat May 20, 2023 5:16 pm

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

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


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Cataholic
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Re: U of I is buying Univ of Phoenix

Post by Cataholic » Sat May 20, 2023 6:46 pm




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coloradocat
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Re: U of I is buying Univ of Phoenix

Post by coloradocat » 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.


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RickRund
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Re: U of I is buying Univ of Phoenix

Post by RickRund » Sun May 21, 2023 11:20 am

Thanks Cataholic


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Bobcat4Ever
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Re: U of I is buying Univ of Phoenix

Post by Bobcat4Ever » 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.



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coloradocat
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Re: U of I is buying Univ of Phoenix

Post by coloradocat » 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? :)


Eastwood, did not make it. Ball out! Recovered, by Montana State!! The Bobcats hold!!! The Bobcats hold!!!

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Bobcat4Ever
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Re: U of I is buying Univ of Phoenix

Post by Bobcat4Ever » Sun May 21, 2023 9:41 pm

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.



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Re: U of I is buying Univ of Phoenix

Post by Cataholic » Mon May 22, 2023 8:21 am

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



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wbtfg
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Re: U of I is buying Univ of Phoenix

Post by wbtfg » 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?



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Bobcat4Ever
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Re: U of I is buying Univ of Phoenix

Post by Bobcat4Ever » 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/



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RickRund
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Re: U of I is buying Univ of Phoenix

Post by RickRund » Wed May 24, 2023 10:20 am

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/
=D^ =D^ =D^


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Re: U of I is buying Univ of Phoenix

Post by allcat » Thu May 25, 2023 2:00 pm

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.


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