Monday, March 25, 2024

A path forward? Lawmakers could seek to restructure Phoenix purchase - Kevin Richert, Idaho Ed News

Armed with a pair of new legal opinions, lawmakers could make a late-session push to restructure the University of Phoenix deal. A restructuring could depend on two variables. First, the University of Idaho would need to be willing to rework the deal, months after reaching an agreement with Phoenix. Second, lawmakers would need to be willing to endorse the U of I’s $685 million plan to acquire Phoenix, a for-profit online university with a checkered national brand.