Friday, March 22, 2024

Arizona under pressure over Ashford student loan debt - Paul Baskin, Times Higher Ed

Just as the University of Idaho reaches crunch time for its acquisition of the University of Phoenix, it is getting a major cautionary example from Arizona, where a similar purchase is producing mounting costs and political recriminations. The University of Arizona began working to buy the for-profit Ashford University in 2020 and completed the deal last year. The initiative is now attracting criticism over falling enrolment, budgetary losses and past student loan liabilities, with the state’s governor among those demanding answers.