Thread regarding Grand Canyon University layoffs

Returning to non-profit status?

Officials at the for-profit Grand Canyon University are announcing today that they will attempt another conversion to nonprofit status and have submitted an application to the institution's accreditor.

"The Board of Directors of [Grand Canyon Education Inc.] together with the Board of Trustees of GCU are again considering the possibility of returning the university to its historical nonprofit status, which it held from 1949 to 2004," Brian Mueller, president and chief executive officer of GCU, said Friday in a written statement. "We believe this development would be in the best long-term interests of our students, faculty and staff, the community and our investors."

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