Ashford to merge and become independent non-profit university

Discussion in 'General Distance Learning Discussions' started by fourdegrees11, Mar 14, 2018.

  1. fourdegrees11

    fourdegrees11 New Member

    Well, this is some great news in my opinion. As a current student on track to graduate in May, I have nothing bad to say about the university other than the negative press that always pops up. ashford merger.png
  2. Kizmet

    Kizmet Moderator

    I have to admit that I didn’t know that Ashford and URockies were related. Hopefully the merger will result in improving Ashford (the Ashford component) rather than dragging down URockies.
  3. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Unless you mean dragging down URockies's stratospheric tuition rates.
  4. Kizmet

    Kizmet Moderator

    It’s true. Their prices are quite high. But I’ve never heard any complaints about the quality of their programs.
  5. Phdtobe

    Phdtobe Well-Known Member

    So which one of those universities are facing financial difficulties? Being cynical, but if they were both doing great then there will be no need for the merger.
  6. fourdegrees11

    fourdegrees11 New Member

    Being a for-profit publicly traded company (BPI), they have to consistently grow profits for shareholders. That's not exactly an easy task for a college. Removing that aspect puts the focus solely back where it should be.
  7. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    In theory, but if the university itself is nonprofit, yet it's closely controlled by the same people who run a for-profit company that provides the lion's share of services to it, then that drawback is still in place.
  8. fourdegrees11

    fourdegrees11 New Member

  9. Tim D

    Tim D Member

    This seems all to similar to the Grand Canyon proposal a couple of years ago. BPI remains for-profit sells it's services to the non-profit. It would be interesting to see how the divestiture of assets between the two comes into play. As in the GCU proposal, it seemed as though the school was the building and the students. Curriculum and most everything else remained with the for-profit entity. I believe that is what essentially killed the deal(and that was with HLC which traditionally is less strict than WASC).
  10. FJD

    FJD Member

    BTW, HLC approved GCU's revised non-profit conversion plan about two weeks ago.
    fourdegrees11 likes this.

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