University of Idaho acquiring University of Phoenix

[Duneranger]

I do worry that it'll be a Purdue Global situation, where the intentions are good but the arrangement with the old owners as service provider causes serious problems.

At least Phoenix has been doing online or night school for decades, better than some of the recs given here

[Jonathan Whatley]

The proposed sale of the University of Phoenix to become an affiliate owned by the University of Idaho has stalled, and the private equity group that owns the University of Phoenix is now considering an initial public offering to make the University of Phoenix a publicly-traded company.

The University of Phoenix was the largest subsidiary of the Apollo Education Group, which was publicly traded from 1994 to 2017. It was taken private in 2017 by a private equity consortium (which included Apollo Global Management; that both companies have "Apollo" in their names is coincidental).

The private equity group could also sell the University of Phoenix to some unspecified other buyer, as the University of Idaho no longer has exclusivity in their sale negotiation.

More: Bloomberg: Phoenix ownership groups are considering an IPO (Kevin Richert, Idaho Education News, March 10, 2025)

[NotJoeBiden]

The proposed sale of the University of Phoenix to become an affiliate owned by the University of Idaho has stalled, and the private equity group that owns the University of Phoenix is now considering an initial public offering to make the University of Phoenix a publicly-traded company.

The University of Phoenix was the largest subsidiary of the Apollo Education Group, which was publicly traded from 1994 to 2017. It was taken private in 2017 by a private equity consortium (which included Apollo Global Management; that both companies have "Apollo" in their names is coincidental).

The private equity group could also sell the University of Phoenix to some unspecified other buyer, as the University of Idaho no longer has exclusivity in their sale negotiation.

More: Bloomberg: Phoenix ownership groups are considering an IPO (Kevin Richert, Idaho Education News, March 10, 2025)

Lol, so they basically said being for-profit didn’t work well, so instead of becoming non-profit, lets double down and become a publicly traded for-profit college focused on maximizing shareholder wealth at the expense of students.

Terrible decision that will ultimately hurt students.