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The University of Idaho is seeking to acquire University of Phoenix in order to survive the potential 2025 enrollment cliff. In February of this year, University of Phoenix sellers approached UI about a potential acquisition deal. The $550 million deal initially came as a shock to the Moscow community. The…
Originally published Sept. 21 on IdahoEdNews.org.
The Biden administration is writing off $37 million of University of Phoenix student loans — and it’s unclear whether that move would leave the University of Idaho on the hook.
The U of I downplayed Wednesday's U.S. Department of Education announcement. But university officials have already said the U of I could be on the hook for $7 million a year, or more, stemming from loan writeoffs.
The Biden administration is writing off $37 million of University of Phoenix student loans. Is the University of Idaho on the hook?