Thread regarding University of Phoenix layoffs

Staff, Faculty, and Students Panicking as Largest For-Profit in U.S. on Verge of Bankruptcy

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.

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| 2561 views | | 73 replies (last July 1, 2015) | Reply
Post ID: @OP+Ce5J8WI

73 replies (most recent on top)

Aww snap, saw this on the news tonight, dude even said that French words in the interview 'se la vi, U of P'. Lol damn ya'll rich white ppl come up with some scams. They said it-low level classes so more people would go so the company would make more $$dollaz$$. Make up a school to make money u know only rich white ppl can think up that shit laffin ma asss off B some scandalous white ppl

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Post ID: @OqN+Ce5J8WI

@111123 Apollo Group overall isn't losing money, but the school is dragging it way down; isolated quarterly earnings for the University are down nearly 30% progressively Over the last 3 quarters during a pretty positive economic climate. This doesn't factor in Apollo's diverse asset profile. But if they don't make moves to dump the school, investors are going to start pulling out. This is bullshit. People entrusted Apollo Group to manage their funds and they mismanage a large asset like the school, allowing for a cut-rate curriculum to attract the students that can't get in anywhere else. It's a ploy to make money, so that investors will see larger gains, but this kicked them in the a$$ when they're not REALLY meeting standards for accreditation. THE BOTTOM LINE AND THIS IS THE TRUTH: if Apollo doesn't dump the defunct school, investors will pull out. On the short, they will see volume growth between 25-35% which is what they should have BEEN seeing. My prediction: if Apollo doesn't unload the school, they lose 1/4-1/2 of their investors over the next year. I'm an economist, I know what I'm talking about, I've seen the public figures, and one of these 2 thing is going to happen within the next 6 months.

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Post ID: @mbH+Ce5J8WI

I took a graduate course online with UOP. Where should I start? First, the instructor had an M.A., and she was a retired 4th grade teacher. She was very sweet, but not at all prepared to teach a graduate writing course. Then there were the group work requirements. Most of the students had graduated (bought) their undergraduates from UOP, or another for profit. A few completed their four-year degrees at traditional schools. The differences in writing and critical thinking between the for profit grads and the traditionals was staggering. The class was more about sharing than learning. The discussions in the classroom were like being in a high school cafeteria. There were days when I just spent five minutes because the discussion was so idiotic. I spent an hour a night, wrote my papers the day before they were due( they were horrible too), and received an A. I withdrew after six weeks of nonsense. People buy degrees there--you can learn from the material, but why pay $20K or have your name associated with a for profit when you can earn a graduate degree at a traditional or not for profit university. Phoenix wasted six weeks of my life. Stay away.

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Post ID: @NVU+Ce5J8WI

@111249 if a school is privately funded, yeah, but this school gets no federal money or grants whatsoever bc like you said, it's not a real school

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Post ID: @Feu+Ce5J8WI

Oh shit...wait, lol, can ASU just go out of business or univ of AZ? Harvard? Ohio state? Oh no, that's right, they're REAL SCHOOLS. Real schools can't close

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Post ID: @4ZQ+Ce5J8WI

Can't say I'm surprised, degree out of the box, people think they can buy anything these days

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Post ID: @7gS+Ce5J8WI

F*** it, looks like a nice building anyway from the outside lolol, that should bring some lettuce

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Post ID: @0It+Ce5J8WI

Ok, how many people hating on this school have actually taken a class there? I have not, so I won't say either way. I live in Tempe not far from the campus and hear nothing but criticism when I hear about it, but no one that criticizes it has ever taken a class there, so how do you know? If it has accreditation, there must be some higher standard being met, am I correct? Btw, both my BA and MA are from ASU. Get real, people

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Post ID: @dGf+Ce5J8WI

I was an adjunct Professor at ASU for about 10yrs and I completely agree with shutting this place down, I don't care about the reason, just that it goes and goes fast. The person that authored the article sounds determined; two years in doctoral studies, why not go to a more reputable institution? Just having association with them could marr his record for the remainder of his/her academic career and give schools call to not even consider them due to this for-profit's reputation.

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Post ID: @0zc+Ce5J8WI

I don't know, the author seems to know what he's talking about, I don't really have an opinion but it doesn't seem right if they are canceling people's academic programs. There were other articles on this over the last 6 months leading up to this, though

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Post ID: @DQ9+Ce5J8WI

@111223--you must be joking. I've read many student submissions, in various courses, and the writing they offer their instructors is deplorable at best grade school at worst. The instructors don't bother offering any critical remarks and these students are just pushed on. This would never happen in a traditional university, but you wouldn't know this because you truly are a Phoenix. LMFBBO.

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Post ID: @4aI+Ce5J8WI

This entire post is BS. Nobody was laid off last week. For those employees that have been laid off (in previous quarters) AND enrolled in programs were given an entire year of educational benefits to complete their degree. If people weren't there last week it had nothing to do with this. There have been cuts and there will be more, but you are stirring the pot and intelligent people can read through your BS. Also, check the numbers again..UOP is still making millions (although not as much as in the past). There has been no talk of bankruptcy. And to all those people who call it a diploma mill, take a class and do the work to see if they are really just handing out grades. I have attended other schools and have learned more and done more work for a grade at UOP than in other schools including ASU.

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Post ID: @yym+Ce5J8WI

To hell wit Apollo yo, f*** y'all bitches n hoes, I git munny

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Post ID: @r6e+Ce5J8WI

Wow that's a big company, you'd think they'd keep the school afloat at least, shows you where their heart is - wherever the money is, most disconcerting. I'm sorry this happened to you all.

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Post ID: @cLG+Ce5J8WI

Holy shit this article is all over Reddit too, someone getting a Phd there or something, damn is this real, f*** there are going to be so many laws suits over this

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Post ID: @oXe+Ce5J8WI

They even said no refunds so sad, lonely stoner of loans

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Post ID: @Inm+Ce5J8WI

f these jackholes, that's a assload of money not to get my degree F YOU BITCHES!!!!

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Post ID: @hr3+Ce5J8WI

UOP is a scam school. If you are reading this and you are enrolled, get out ASAP. The credential is laughed at by employers. We never hire the dipshits who submit resumes with ANY for profit junior college.

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Post ID: @WZn+Ce5J8WI

Oh no, how long do you think they have, I'm almost done with my program

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Post ID: @12E+Ce5J8WI

i knew it would happen, serves em right takin all those kids money

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Post ID: @Wew+Ce5J8WI

It's ok Nick I'm in the same boat, I really wish they could have done more to save it though

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Post ID: @eDW+Ce5J8WI

Holy hell!!! Are they really shutting the whole thing down? That's a big company

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Post ID: @FQP+Ce5J8WI

Lost my support job yesterday, 5years : (

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Post ID: @d1X+Ce5J8WI

that place is finally goin out of business , thank god , I know sooooo many people who have taken classes their and gotten nothing out of them ! A pariah on single working mothers !!!

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Post ID: @Izt+Ce5J8WI

I'm a university of Phoenix students going for my bachelors degree. I started class last week, it's just like the author said, really looks like they're going out of business. I'm really worried because what happens if it closes : (

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Post ID: @vXi+Ce5J8WI

Had a cousin who got her masters online be from there, she's a cashier and bartender, you kidding me? Fake degrees, expensive, steal ppls $$

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Post ID: @7bj+Ce5J8WI

wow how does that work, do u get ur money back or something? I heard it can't transfer not real school right ?

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Post ID: @q1u+Ce5J8WI

Get a real degree, there is no doctor of BS! Go Sun Devils!!

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Post ID: @bMb+Ce5J8WI

um doctoral classes are 100% online,,, you lost me at the onset

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Post ID: @trC+Ce5J8WI

anyone who goes theirs is asking for trouble, I won't even talk to ppl who go there. University of Penix yeah I donts think so

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Post ID: @tAd+Ce5J8WI

wow you definitely know what's happening, I was one of the workers got laid off and my associates program cancelled, no funding too.

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Post ID: @oLw+Ce5J8WI

I have worked at Univ of Phoenix for three years and it's never been this bad, pretty scary job-wise right now, lot of empty desks. I just hope I have a job on Monday.

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Post ID: @Ikv+Ce5J8WI

Shouldn't have been a douche and just gone to ASU. I hear people go there because it's cheaper. Get what you pay for right?

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Post ID: @E3K+Ce5J8WI

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