The University of Phoenix (UOPX) is AN yankee for-profit establishment of upper learning, headquartered in Phoenix, Arizona, u. s.. The university has AN open-enrollment admission policy, requiring a high-school credential, GED, or its equivalent as its criterion for admissions. The university has 112 campuses worldwide and confers degrees in over a hundred degree programs at the associate, bachelor’s, master’s and scholar degree levels. it’s an entirely in hand subsidiary of Phoebus cluster INC., a in public listed (NASDAQ: APOL) Phoenix-based corporation that owns many for-profit academic establishments.
The University of Phoenix earned a peak enrollment of just about 600,000 students in 2010, however its numbers have declined to 227,000 as of 2015. The enrollment drop (and quite a hundred field closings) are attributed to operational changes amid criticism of high debt masses and low job prospects for university students.University of Phoenix has additionally gained larger scrutiny and criticism by the U.S., investigatory reporters, and America common culture humorists.
The university was based by John Sperling.Started in 1976 within the Phoenix metropolitan space,the first category consisted of eight students.In 1980, the varsity swollen to San Jose, California, and in 1989, the university launched its on-line program.
In 1994, University of Phoenix leaders created the choice to require the parent company, Phoebus cluster public. Capital from Wall Street launched the varsity. Phoenix had quite a hundred,000 students among the primary 5 years of going public.Growth within the company created John Sperling a wealthy person.
From 2010 till 2012 enrollment declined, reportedly from growth of competition and negative press.