Wednesday, October 18, 2023

University of Idaho refuses to release reports on financial risks from Phoenix purchase - Kevin Richert, Spokane Public Radio

The University of Idaho is refusing to release records that could address financial risks from the proposed University of Phoenix purchase. On Sept. 22, Idaho Education News requested “reports, analysis or other data compiled by the University of Idaho or its consultants, regarding the exposure created by University of Phoenix student loans.” Student loan risk is one of the big questions surrounding the proposed $685 million purchase. The issue ramped up on Sept. 20, when the Biden administration announced a plan to write off $37 million in Phoenix student debts — a move that could affect the U of I.