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The Slow-Motion Collapse of America’s Largest University

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dahnshaulis@gmail.com [While most of my higher education analysis has been statistical in nature, it’s important to look at qualitative and historical aspects of higher education. The collapse of University of Phoenix is one of those important stories.] From 1976 to the early 2000s, the University of Phoenix established itself as a leader in educational innovation for working adults. Hundreds of the school’s campuses and learning sites dotted the American landscape, conveniently located near interstate off ramps. Phoenix turned hotel meeting rooms and retail spaces into learning centers for busy strivers. For those who could not attend those schools, University of Phoenix created an online presence that was unsurpassed, with small class sizes and working professionals with real world experience as instructors.  Phoenix’s founder John Sperling was considered a genius for bringing education to adult professionals and other nontraditional students. A former universi...

Purdue University and Its Subprime College Cousin Committing Fraud

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Purdue University Global is not Purdue University. It's far from it. In fact, Purdue University Global is actually the former Kaplan University, a once declining for-profit college with a subprime history. Purdue Global, the real Purdue's subprime cousin, is an open enrollment institution with more than 30,000 working class students. In 2016, then known Kaplan University included more than 6,000 military service members and 5,800 military veterans. The school today still heavily targets them. [Purdue University Global is targeting service members and veterans through Army Times, Navy Times, and Marine Times, using practices that may violate DOD rules.] The faculty, comprised mostly of poorly paid adjuncts, may be good, but not great. There are a handful of small campuses, from South Portland, Maine to Omaha, Nebraska. But most of Global's students are working exclusively online, which enables the school to keep costs down. Purdue University Global's graduation ...

Subprime College Crash Continues Under the Radar

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The subprime college crash continues for the seventh consecutive year with little attention from the government or media. Subprime is a more appropriate name than for-profit, because several non-profit schools offer limited value at a high price. Campus closings, steep decreases in enrollment, low student loan repayment rates, low graduation rates, and low returns on investment are strong  indicators of "subprime." University of Phoenix , now part of Apollo Global Management , continues to close campuses. In total, they have closed more than 450 campuses and learning sites. I expect UoPX to close half of their remaining campuses in the next 12-18 months. Art Institutes are closing most of their campuses in 2018 after being taken over by Dream Center Education Holdings .  David Halperin has been covering the story in the Huffington Post, but it has received little attention.  Argosy University , another system of DCEH schools, is teaching out at least 14 ...