University of Phoenix predicts all but one in-person location will close by 2024 | EdScoop (2024)

FAQs

University of Phoenix predicts all but one in-person location will close by 2024 | EdScoop? ›

The for-profit school is on track to close all but one physical campus by 2024, as its 84,000 students overwhelmingly prefer learning online. The University of Phoenix is on track to operate only one physical location sometime in 2024, as the private, for-profit college shifts to an almost exclusively online format.

UoPX also received $3.4 million in aid through the American Rescue Plan. In 2021, UoPX continued to close campuses, including Atlanta and Salt Lake City. The Phoenix, Arizona campus was the only location accepting new in-person students. UoPX would later announce that only one campus would remain open in 2025.

According to the FTC, the University of Phoenix relied on deceptive advertising to attract students, falsely claiming to work with employers such as Microsoft, Twitter, Adobe, and Yahoo to create job opportunities for University of Phoenix students and tailoring its curriculum for the job needs of such companies.

From a legal standpoint, the University of Phoenix will be acquired by a new non-profit tax-exempt organization named Four Three Education, Inc. and will continue to operate under the name University of Phoenix.

At our local campus in Phoenix, we take pride in providing enriching, in-person educational experiences for our students.

In 2019, the University of Phoenix reached a record $191 million settlement to resolve Federal Trade Commission charges that the institution used deceptive advertisem*nts that falsely touted its relationships and job opportunities with companies such as AT&T, Microsoft and the American Red Cross.

The University of Phoenix was among the worst actors in the industry in this regard. In 2019, Phoenix settled a massive fraud case with President Donald Trump's Federal Trade Commission and agreed to pay $191 million for deceptive practices.

The institute is accredited by the Higher Learning Commission (HLC), a regional accrediting agency. The University of Phoenix has been ranked by US News & World Report Best Colleges in National Universities 2024 in the 331- 440 range.

The University of Idaho's complicated acquisition of the for-profit University of Phoenix hit another roadblock last week when lawmakers voted to slow the sale, citing financial risks and concerns about how the deal has been handled.

If You Went to University of Phoenix, You May Be Eligible for Loan Forgiveness. If you used federal student loans to pay for your education at the University of Phoenix a few years ago, you may be eligible for full loan forgiveness.

What celebrities graduated from University of Phoenix? ›

University of Phoenix is not closing but will phase out all physical campuses after all students currently enrolled in those campuses complete their programs. The University of Phoenix isn't “closing” — it's just moving to a strictly digital model.

Initially, University of Phoenix will operate separately from U of I, in a 501(c)(3) that is affiliated with the University of Idaho. University of Phoenix will remain an independent educational institution operated by its own president and leadership team.

Founded in 1976, University of Phoenix became one of the first online universities designed for working adults. We offer a powerful combination of career guidance, personal support and flexible learning opportunities — all with options to help save time and money on your degree.

University of Phoenix held its Spring 2024 commencement ceremonies on Saturday, March 2, at Chase Field in Phoenix, Arizona, with more than 2,500 graduating students from five different countries and 48 U.S. states registered to attend.

It has a total undergraduate enrollment of 66,901, and admissions are selective. The university offers 37 bachelor's degrees, has an average graduation rate of 14%, and a student-faculty ratio of 92:1. Tuition and fees for students are $9,552.

Former students at the University of Phoenix may be eligible for part of $37 million in student loan forgiveness. The debt cancellation covers more than 1,200 borrowers who were “deceived,” by the for-profit university, President Joe Biden said in a statement.

The University of Idaho's complicated acquisition of the for-profit University of Phoenix hit another roadblock last week when lawmakers voted to slow the sale, citing financial risks and concerns about how the deal has been handled.

The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200 borrowers who attended the University of Phoenix because it found that the for-profit school misled students about job prospects.