Bear with me as I clarify an important financial point regarding my commentary on University of Arizona Global Campus’s likely finances. Last week The Chronicle of Higher Education published an opinion essay I wrote, arguing against the recent Instant Global Campus movement, where I included a similar statement. Unfortunately I missed a change in the editing process that assigned this description directly to Ashford itself.
Either way, it is doubtful that these global-campus deals will pay off in the way they are being touted in press releases. Arizona has said that they expect to bring in $25 million annually from the deal, but Ashford hasn’t been that profitable since 2013, when there was significantly less competition in the online space.
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