The University of Phoenix plans to roll out more than 100 new partnerships with community colleges in the coming year – a strategy that, if successful, will provide a much-needed financial and reputational boost to the nation’s largest for-profit school.
Facing declining enrollment and regulatory scrutiny, the University of Phoenix has targeted community college students as a safe and profitable investment. And some community college administrators, eager to offer their students more opportunities to earn a bachelor’s degree, are embracing the school’s overtures.
It’s a strategic business move for the for-profit giant.