We just completed campus remodels. I realize this had already been budgeted in the previous years, so the $ were already allocated. Most campus operations are being centralized. This is an efficiency and control measure but also likely to be the precursor to a lot of small campuses being phased out. There aren't likely to be more investments. UOP will become leaner for sure. Attractiveness to a new buyer requires it. Look at Kaplan as an example. UOP still has another 10 years left in it to accommodate current students; many of whom are on the 7 year plan. The new owners did not purchase UOP to transform it; rather to wring out whatever profitability they could. UOP acts like a business, not a university, so this should not be surprising. And even in academia, institutions do sell of under-performing assets. A few years ago, a small school in my region sold its law school to another university. It does happen. My guess is they have already begun shopping. If they were serious about turning this institution around then they would be exhibiting very different behavior. Growth requires investment, not divestiture. If I was still at UOP I would be looking for a job in earnest. I do wonder if there is a taint on UOP employees in the job market? What do you think?
@O10kDa1-erp I have been looking at alternatives for a few months now, I expect to say goodbye to UOP in the next few months.