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UA says University of Phoenix deal could bring $20 million a year

Critics of the proposal said it’s not the kind of exposure the UA System needs.

FAYETTEVILLE, Ark. — University of Arkansas System President Donald Bobbitt said a proposed affiliation deal with the University of Phoenix would bring the system $20 million annually and nationwide exposure. Critics of the proposal said it’s not the kind of exposure the UA System needs.

“The choices are really very simple,” Bobbitt told Arkansas Business last week. “We either … find ways to generate resources and keep students in school using our resources, or we’re going to have to raise tuition. And I opted for the option to find resources.”

The benefits to the UA System, he said, include a licensing agreement that will result in $20 million annually that the UA System board could use for any purpose.  

To read the full article from Arkansas Business, click here.

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