The University of Phoenix, headquartered in Arizona, boasts a nationwide presence with campuses spanning across the United States. It caters to the needs of diverse student demographics by offering both online and traditional courses, accommodating individuals seeking to advance their education while juggling work or family responsibilities. Enjoying accreditation from numerous reputable organizations, the University of Phoenix garners commendation from both students and professors, solidifying its reputation as a prestigious institution. Graduates of the university frequently embark on prosperous career journeys, further enhancing its standing in the academic realm.
University of Phoenix:
History:
The University of Phoenix (UoPX), a privately-owned for-profit institution, is centrally located in Phoenix, Arizona. Embracing an inclusive admission policy, the university welcomes applicants with a high-school diploma, GED, or equivalent qualification as its standard criteria for enrollment.
Foundation and rapid growth (1970s – 2000s)
Founded in 1976 by John Sperling, utilizing proceeds from the sale of Apollo Group to a consortium of investors, the University of Phoenix initially operated as a vocational institution. However, in 1989, the university pivoted its focus towards offering degrees in business and management. This strategic shift was informed by research indicating a substantial number of students occupying middle-management roles lacked four-year degrees. By 1994, the institution had emerged as the largest provider of corporate training in the United States, a position it still holds today. Nevertheless, between 2010 and 2016, the university witnessed a significant enrollment decline of over 70%, largely attributed to widespread criticisms directed at for-profit colleges.
Established in 1976 by John Sperling, funded by the proceeds from his prior sale of Apollo Group, the University of Phoenix (UoPX) began its journey as a vocational training provider. However, a pivotal shift occurred in 1989 when the institution redirected its focus towards offering programs in business and management. This transition was motivated by research indicating that a significant portion of its student body, predominantly occupying middle-management roles, lacked four-year degrees. Experiencing rapid growth throughout the 1990s and 2000s, UoPX ascended to become the largest provider of corporate training in the United States. Nonetheless, beginning in 2010, the university faced a substantial decline in enrollment, attributed to widespread criticisms leveled against for-profit colleges.
Ownership and leadership:
The University of Phoenix operates as a subsidiary of the publicly traded Apollo Group, Inc., listed on the NASDAQ stock exchange with the ticker symbol APOL.
Founded in 1973 by John Sperling, utilizing proceeds from the earlier sale of Apollo Group to a consortium of investors, the company underwent several transformations over the years. It went public in 1994 and was subsequently rebranded as the Apollo Education Group in 2005. In February 2016, the company announced its intention to rebrand once more, this time as Apollo Global Management, Inc., aligning with its renewed emphasis on private equity investment. However, the official name change was not executed until August 2016.
4Student demographics:
By fall 2019, the University of Phoenix had an enrollment of 83,531 students. With campuses spanning across the United States, the university also extends its reach to Canada, Mexico, Puerto Rico, and Europe.
In fall 2019, the University of Phoenix primarily served adult learners, with 66 percent of its student body aged 25 and over. Meanwhile, 24 percent fell within the 18-24 age bracket, and the remaining 10 percent were under 18 years old.
Faculty:
As of fall 2019, the University of Phoenix employed a total of 6,209 faculty members, consisting of 3,384 full-time and 2,825 part-time instructors. This resulted in a student-to-faculty ratio of 17 to 1.
Student outcomes:
Graduation rates at the University of Phoenix differ across programs. Among first-time, full-time students who commenced bachelor’s degree studies in 2013, 18 percent completed their degree within six years. For master’s degree programs, the graduation rate stood at 33 percent for students who initiated studies in 2011 and achieved completion within four years.
Alumni and affiliations:
With a vast alumni network exceeding 3 million individuals, the University of Phoenix boasts notable graduates such as former Arizona governor Jane Dee Hull, business executive Mitch Garber, and television personality Dr. Oz.
Accredited by the Higher Learning Commission (HLC) and a member of the North Central Association of Colleges and Schools (NCA), the University of Phoenix holds accreditation for its bachelor’s, master’s, and doctoral degree programs from various professional organizations.
Criticism:
For-profit colleges like the University of Phoenix have faced scrutiny over their elevated tuition fees, elevated rates of student attrition, and assertive marketing strategies. Additionally, criticism has been directed at the university's affiliation with Apollo Group, Inc., amid accusations of embellishing job placement figures and employing misleading recruitment tactics.
Location:
Based in Phoenix, Arizona, the University of Phoenix operates campuses throughout the United States, with additional locations in Canada, Mexico, Puerto Rico, and Europe.
In the autumn of 2019, the University of Phoenix enrolled predominantly adult students, with 66 percent aged 25 and above. Another 24 percent fell within the 18-24 age bracket, while 10 percent were under 18 years old.
Address
University of Phoenix – Arizona
4035 South Riverpoint Parkway
Phoenix, Arizona 85040
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