The Washington Post reports that the public University of Idaho will create a nonprofit to acquire a for-profit online college, the University of Phoenix. The University of Idaho will be the sole member of the new nonprofit, and the parent company of the University of Phoenix will have no role in the school if and when the deal is completed. The deal is moving forward in the wake of a board vote rejecting a similar deal with the University of Arkansas System. The deal is subject to approval by relevant accreditors.
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Lloyd Mayer
