Hey all, first, a little background: I am a UoP doctoral candidate at the for-profit's main Tempe campus, have been for a few years.
Upon returning to classes three weeks ago, I noticed something had changed... drastically. When I first arrived Monday evening I noticed about 1/5 the number of vehicles in the parking garage as usual; I though, 'agh...slow monday'. But as I approached the campus and went inside, there were fewer students, fewer staff, fewer hours posted by the library and cafeteria, and limited options for food.
I later learned from another student that they had begun huge cuts across the board following a record three consecutive quarters of losses. Half the students at the Tempe campus are also employees; this is one disconcerting fact about UoP. Every class I have, I hear about their earnings reports, lawsuits, fight for further accreditation. Even my cohort's presentations are to have an underlying 'sell-line' for UoP.
As if the curriculum wasn't already strange enough (hey, UoA or ASU couldn't make some of this stuff up, believe me), we get a regular full dose of the Apollo Group's dirty laundry with every class.
From what I've seen they're cutting all unnecessary and many necessary positions, to include faculty and many academic programs. Furthermore, many employees who were laid off had their programs cut, Boom! Double-Whammy! Glad I'm not them.
The fact is that growing concern and speculation over unscrupulous business practices by the Apollo Group and questionable academic curricula are driving the University of Phoenix to the point where the Apollo Associates may dump the university altogether. This will keep the group of investors afloat while a defunct for-profit school will provide a corporate tax break by report of lost income. So while the financial group is cutting losses and just fine financially, the university is only an asset that could be dumped at any time... And believe me, the ground is shaky, folks.
And if the bottom drops out? C'est la vie UoP and all the students who will have lost money in their education.