The University of Phoenix:>The University of Phoenix (UoPX) is a private for-profit university headquartered in Phoenix, Arizona. Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor’s, master’s, and doctoral degree levels. UoPX is one of the largest universities in the United States, with over 100 campuses throughout the country and an online enrollment of over 100,000 students.
The University Of Phoenix (History)
UoPX was founded in 1976 by John Sperling and John D. Murphy. The university’s first campus was located in a rented trailer in Phoenix, Arizona. In 1980, UoPX expanded to San Jose, California, and launched its online program in 1989. The university grew rapidly in the 1990s and 2000s, due in part to its focus on working adults and its flexible online learning format.
In 2011, Apollo Global Management, a private equity firm, acquired UoPX for $2.2 billion. Under Apollo’s ownership, UoPX continued to grow, but it also faced criticism for its high tuition costs and low graduation rates. In 2020, Apollo announced that it would sell UoPX to a group of private equity firms for $1.6 billion. The sale is expected to close in 2023.
The University Of Phoenix (Academics)
UoPX offers a wide range of academic programs in a variety of fields, including business, education, healthcare, and technology. The university’s online programs are designed to be flexible and convenient for working adults. UoPX is also known for its career-focused programs, which are designed to help students develop the skills they need to succeed in the workforce.
Accreditation
UoPX is accredited by the Higher Learning Commission (HLC), an institutional accreditation agency recognized by the U.S. Department of Education. The HLC last reviewed UoPX in 2022-23 and reaffirmed its accreditation for the next 10 years.
Student Life
UoPX has a diverse student body of over 100,000 students from all over the United States. The university offers a variety of student services and support programs, including career counseling, academic advising, and tutoring. UoPX also has a number of student organizations and clubs, which allow students to connect with others who share their interests.
Tuition
Tuition at UoPX varies depending on the program and the student’s residency status. In general, UoPX tuition is higher than the tuition at many public universities. However, UoPX offers a variety of financial aid options, including scholarships, grants, and loans.
Graduation Rates
The graduation rate for first-time, full-time students at UoPX is 27%. This is lower than the graduation rate for first-time, full-time students at public universities, which is 60%. However, UoPX’s graduation rate is also higher than the graduation rate for all students at for-profit universities, which is 10%.
Career Outcomes
UoPX graduates have a high rate of employment after graduation. According to the university, 90% of its graduates are employed within six months of graduation. UoPX graduates also earn competitive salaries. The median salary for UoPX graduates is $55,000 per year.
Conclusion
The University of Phoenix is a large, private university that offers a wide range of academic programs. The university is accredited by the Higher Learning Commission and has a diverse student body. UoPX is known for its career-focused programs and its flexible online learning format. Tuition at UoPX is higher than the tuition at many public universities, but the university offers a variety of financial aid options. The graduation rate for first-time, full-time students at UoPX is lower than the graduation rate for first-time, full-time students at public universities, but it is higher than the graduation rate for all students at for-profit universities. UoPX graduates have a high rate of employment after graduation and earn competitive salaries.
Additional Information
- For more information about the University of Phoenix, please visit the university’s website at https://ecampus.phoenix.edu/portal/portal/public/login.aspx
- For information about the Higher Learning Commission, please visit the commission’s website at https://www.hlcommission.org/
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