University of Phoenix Enrollments Over Time
Phil Hill & Associates
April 26, 2023
There has been a lot of discussion this week about the University of Arkansas System board voting against the proposed acquisition and affiliation agreement with the University of Phoenix, as described by the Arkansas Gazette.
The University of Arkansas System board of trustees declined to give their blessing to a potential affiliation with the University of Phoenix during a special Zoom meeting Monday, albeit with a narrow majority with five members voting against the proposal, four voting in favor and trustee Kelly Eichler abstaining. [snip]
would purchase Phoenix — estimates are that price could be around $500 million — and the UA System would enter into an affiliation and licensing agreement with Phoenix that would’ve provided revenue to the system.
The system also would have had the opportunity to access technology, content and course management and data analytics used by Phoenix. In return, Phoenix would’ have gained an affiliation with the system and transitioned from for-profit to nonprofit status.
