"That $1 purchase the University of Arkansas System made in 2021 is turning into quite a liability. The UA System’s board of trustees on Friday approved a system loan of up to $2.5 million to the University of Arkansas Grantham, an online, formerly... — read more
Arkansas Sludge-A-Rama
https://arktimes.com/arkansas-blog/2023/04/20/ua-system-trustee-kelly-eichlers-husband-works-for-stephens-inc-it-stands-to-make-millions-from-a-phoenix-buyout
Arkansas and 19 Other Republican States Fighting Borrower Defense in US Supreme Court
Looks like a potential victory for University of Phoenix over college debtors. https://www.supremecourt.gov/DocketPDF/22/22A867/262943/20230406121912418_Sweet%20Stay%20Amicus.PDF
B****** can approve of the University of Phoenix deal all by himself?
That's what he says... https://www.5newsonline.com/article/news/regional/arkansas-news/plan-ua-university-of-phoenix-deal-arkansas-business/527-e3a39ec9-6c29-47a4-95c6-64d9c3fcc3c2
How much is University of Phoenix worth?
"With the regulatory risks surrounding Phoenix and its smaller size, he suspects it couldn’t command a purchase price of more than $200 million." https://www.washingtonpost.com/education/2023/03/31/university-phoenix-arkansas-deal-draws-scrutiny/ — read more
USA Today Article (University of Phoenix Targeting Veterans)
https://www.usatoday.com/story/news/investigations/2023/03/22/gi-bill-university-of-phoenix-veterans-affairs/11486672002/
University of Phoenix-UA story at Ozarks at Large
https://www.kuaf.com/show/ozarks-at-large/2023-03-22/university-of-arkansas-system-moves-closer-to-deal-with-university-of-phoenix
Washington Post looking at University of Phoenix deal.
Let's see what they report.
The "Neptune" Contract
https://arktimes.com/wp-content/uploads/2023/02/UA-Stephens-0135_RA1224131_OR-1.pdf https://arktimes.com/arkansas-blog/2023/02/08/stephens-inc-could-make-more-than-a-million-if-ua-systems-phoenix-effort-succeeds
An Email of Concern to the People of Arkansas about the University of Phoenix
https://www.highereducationinquirer.org/2023/03/an-email-of-concern-to-people-of.html
Veterans' group warns against a Phoenix deal; UA System president defends moving forward
https://arktimes.com/arkansas-blog/2023/02/28/veterans-group-warns-against-a-phoenix-deal-ua-system-president-defends-moving-forward
UA System has all the information
Will the UA System capitulate to cronyism and other forms of corruption? It will unless the People stand up and talk. Stay tuned. ... — read more
University of Phoenix problems used hold up Sweet v Cardona
Case 3:19-cv-03674-WHA Document 381 Filed 02/22/23 On February 15, 2023, Plaintiffs’ counsel and other activist organizations submitted the attached letter to the Board of Trustees of the University of Arkansas (“UA Board”) regarding the... — read more
University of Phoenix Career Services for Life Could be a Nightmare
The University of Phoenix "Career Services for Life" promise could come back to haunt Arkansas with future Borrower Defense to Repayment claims: "1-on-1 career coaching, resumé reviews and interview prep...at no added cost, for... — read more
University of Phoenix is a ticking....
11 percent of the estimated 200,000 borrowers in the Sweet v Cardona Borrower Defense to Repayment case have claims against the University of... — read more
32,000+ Borrower Defense Claims Against University of Phoenix
DeVry is challenging 1,800 claims for $23 million. https://www.highereddive.com/news/higher-ed-lawsuits-2023-supreme-court-daca-student-loan-forgiveness/639883/ UoPX has 32,040 claims and counting. Claims could be in the hundreds of millions with... — read more
"Mu-----r of Dreams: University of Phoenix"
https://www.youtube.com/watch?v=2lzzm_ikoFc&list=PLJy5n-0WW1PKQ_M9nltoneldK5_PgDaJk&index=6&t=48s
UoPX Career for Life: Fodder for False Claims and Borrower Defense?
This University of Phoenix program "Career Services for Life" could come back to haunt UA, especially with Borrower Defense to Repayment and False Claims. "I’m excited to share that you will have a team of advisors invested in your success from day... — read more
Sales Pitch from DB
"An affiliation with the University of Phoenix would not only bring roughly $20 million in revenue annually to the University of Arkansas System, but also UA System schools could benefit from Phoenix’s advanced technology, innovative strategies for... — read more
Tens of Thousands of Borrower Defense to Repayment Claims Could Be a Major Liability with University of Phoenix Sale
https://www.thelayoff.com/t/1l8q1SXw
"Project Neptune": The University of Arkansas gets Catfished
University of Phoenix has been trying to sell itself for nearly two... — read more
Desperation moves?
"Paul Basken reports for Times Higher Education that the University of Phoenix 'has been trying without luck for two years to sell itself to a traditional higher education system. Phoenix has been telling state universities in a marketing brochure... — read more
Japanese bank involved in University of Phoenix acquisition
https://arktimes.com/arkansas-blog/2023/02/06/foreign-bank-reportedly-involved-in-proposed-purchase-of-phoenix-university-by-ua-system-affiliate
"Nonprofit formed in August would buy University of Phoenix for UA System; board chairman concerned about plan"
"Outgoing board chairman CG III said today that he has 'a lot of unanswered questions' about the proposed acquisition, including the lack of information that’s been provided to board members. 'There are concerns that I have,” he said. G is chairman... — read more
6200+ consumer complaints about University of Phoenix in the FTC database (1000 a year)
From January 1, 2017 to December 22, 2022 there are 6,265 consumer complaints about University of Phoenix. FOIA-2023-00560
Due Diligence with University of Phoenix Sale?
How much is University of Phoenix really worth? University of Phoenix must have received Borrower Defense to Repayment numbers from the US Department of Education, which could be a huge liability in the future. Has Apollo Education or University... — read more
Arkansas System to Buy University of Phoenix?
A second albatross? https://www.thelayoff.com/university-phoenix
Arkansas Albatross
More about your subprime albatross... https://www.thelayoff.com/grantham-university
University of Arkansas acquires For-profit Grantham University
$1 deal... https://www.republicreport.org/2021/will-arkansas-become-the-latest-state-u-to-acquire-a-predatory-college/
Arkansas and the College Meltdown
"My first guess for the most vulnerable states? Missouri, West Virginia, Arkansas, Kentucky, and Indiana..." http://collegemeltdown.blogspot.com/2019/07/alaska-is-leading-college-meltdown-whos.html