University buys assets of publicly traded Zovio to bring management of its roughly 28,000 online students in-house, citing online program management’s “inherent conflict.” Glad you finally noticed, critics say. Arizona took what it hopes is a major step toward re-establishing control over its new online arm and easing that one major objection to its partnership by announcing that it was buying the online program management assets of Zovio and incorporating its operations and employees into the university. “This really severs our present from the past,” Pastorek said. “The [U.S.] Education Department believes that having such a large part of the business as a for-profit is unseemly. This change takes away the angst that the department has.”
