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The University of Phoenix (UOPX) may be a for-profit university headquartered in Phoenix,

The University of Phoenix (UOPX) may be a for-profit university headquartered in Phoenix,


 Arizona. supported in 1976, the University of Phoenix confers certificates and degrees in over one hundred certificate programs[4] and degree programs at the certificate, associate, bachelor's, master's, and degree degree levels.[5] it's regionally licensed by the upper Learning Commission.[6] The university has Associate in Nursing open enrollment admission policy, requiring a high-school certification, GED, or its equivalent as its criteria for admissions.[7]

In 2017, the school's parent company, Apollo Education, was nonheritable by Apollo international Management, Associate in Nursing yank non-public equity firm.[8]

The University of Phoenix claimed a peak enrollment of quite 470,000 students in 2010,[9] however its numbers have declined sharply since then. Enrollment was 142,500 on August thirty one, 2016.[10]

University of Phoenix has been beneath investigation by the North American nation Federal Trade Commission since 2015.[11]
In 1994, University of Phoenix leaders created the choice to require the parent company, Apollo cluster, public. Phoenix had quite one hundred,000 students inside the primary 5 years of going public.[15][16] in step with legislator Tom Harkin, United Nations agency chaired hearings on for-profit faculties, "I suppose what very turned this company is after they started visiting Wall Street."[17]

In 2008, the university was the highest recipient of student aid funds, receiving nearly $2.48 billion.[18] For the 2008–2009 financial year, the University of Phoenix student body received additional Pell Grant cash ($656.9 million) than the other university.[19]

In 2010, University of Phoenix had an enrollment of quite 470,000 students with revenues of $4.95 billion. [20]

In 2013, USA these days listed University of Phoenix as a "red flag" establishment for posting a student loan default rate (26%) that surpassed its graduation rate (17%). different controversies concern promoting and accomplishmentpractices, tutorial hours, being one amongst the highest recipients of student aid, and having a student body that shoulders the foremost student debt of any school. [21]. A 2010 report found that the University of Phoenix's on-linegraduation rate was solely five %.[22]

Between 2010 and 2016, enrollment declined quite seventy percent[23][24][25][26] amid multiple investigations, lawsuits and controversies
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