Meanwhile, demographics are changing, because of a declining birth rate dating back to the Great Recession. He believes the Phoenix affiliation will reach beyond the U of I’s traditional student cohort - serving older students who are juggling work and family commitments, place-bound students who can’t or won’t move to a campus and rural students who live far from an Idaho college. In its own “frequently asked questions” page on the purchase, the university says this money “may be reinvested in strategic initiatives.” Is it all about the money? University of Idaho President C. They project that the U of I will collect $10 million a year in revenues from Phoenix’s operations, for starters, and they expect this number to grow over time. No, U of I officials are hoping it’s a moneymaker. But the U of I might offer $10 million a year as a taxpayer-funded backstop, in case Four Three can’t make payments. The U of I expects Four Three to cover the bond payments on its own, from Phoenix’s operating revenues. Four Three would finance the purchase and oversee Phoenix, which would continue to operate under its existing brand. U of I officials have set up an affiliated nonprofit - now known, after a short-lived branding dispute, as Four Three Education, a nod to Idaho’s status as the 43 rd state of the union. Nothing, if it goes according to the U of I’s plan. The U of I wants to acquire Phoenix - a for-profit online education behemoth, which serves some 85,000 students nationally. Do you have questions about the University of Idaho’s proposal to purchase the University of Phoenix, but you were afraid to ask?
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