The University of Phoenix became the nation’s largest private university by delivering high profits to investors and a solid, albeit low-overhead, education to midcareer workers seeking college degrees.Imagine that, when a university focuses too much on profit academic quality decreases. Who would have guessed?
But its reputation is fraying as prominent educators, students and some of its own former administrators say the relentless pressure for higher profits, at a university that gets more federal student financial aid than any other, has eroded academic quality.
Sunday, February 11, 2007
NYT - Troubles Grow for a University Built on Profits