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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

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News >  Higher education

Phoenix deal offers ‘more than enough’ to cover student-loan risk, says U of I president

The University of Idaho remains intent on completing its high-profile acquisition of the University of Phoenix for hundreds of millions of dollars, which also comes with a possibility of millions more in financial liabilities in the deal. Terms of the $550 million agreement require the University of Phoenix to provide $200 million in cash at close to a nonprofit, Four Three Education, created ...
News >  Higher education

University of Idaho-Phoenix megadeal clears a key regulatory hurdle. Where it stands now

The University of Idaho-University of Phoenix megadeal cleared one regulatory hurdle this month. Phoenix’s accreditors have signed off on the deal, which would turn the giant for-profit online university into a nonprofit operating under the U of I’s umbrella. Accreditation is crucial for colleges and universities; for one thing, it ensures students can transfer one school’s credits to another ...