The University of Phoenix, losing profitability because of falling enrollments and high dropout rates, announced on Monday that it would eliminate most of its associate-degree programs, close even more of its physical campuses, and, for the first time, establish academic admissions requirements.
Those moves are likely to leave the university, which in 2010 had an enrollment of 460,000, with about 150,000 students by 2016. Phoenix is not all that far from that point now. For the period ending May 31, its enrollment was 206,900, compared with 241,900 a year earlier. The planned changes and enrollment figures were announced on Monday by the university’s parent company, the Apollo Education Group.
Read more at The Chronicle of Higher Education: http://chronicle.com/article/U-of-Phoenix-Looks-to-Shrink/231247