Online Universities - Is The University Of Phoenix Worth The Money? Reputation Radio Topic Online Versus Traditional Universities

Online, October 20, 2010 (Newswire.com) - The University of Phoenix is now under Federal Investigation review for Pell Grant Profit Fraud. Online Universities are now under the microscope for not only their inflated cost but also because they post some of the worst completion numbers out of all federally funded institutions.

Reputation Radio will take on the topic of online universities and the cost associated with attending class online. The show will air live October 21, 2010 at 1pm CST - To listen live please click the following link

http://www.blogtalkradio.com/removeitnow/2010/10/21/is-the-university-of-phoenix-worth-the-money

As a recently reported - The primary controversy is that a small set of educational institutions comprising 6% of all college students receives roughly 20% of all Federal Pell grant money. University of Phoenix tops this list with Pell Grant revenue of $656.9 million with second and third place held by Everest Colleges at $256.6 million and Kaplan College at $202.1 million for the 2008-2009 educational year .

This is combined with accusations of predatory loan practices on students by the highest Pell Grant recipient, University of Phoenix . Additionally, some of the universities that are top recipients of Pell Grants have low completion rates, so students leave with no degree and large indebtedness leading some former students to accuse recruiters of being "duplicitous".

Top recipient University of Phoenix received $3.2 billion in federal moneys of all kinds in 2008, and these federal dollars provided 86% of its revenue (thus, roughly 20% of its revenue came from Pell Grants). University of Phoenix has, among similar online universities, the lowest graduation rate tabulated by OEDB at 4% compared to the median of 37% and a high of 84% for Champlain College

"If these programs keep growing, you're going to wind up with more and more students who are graduating and can't find meaningful employment," said Rafael I. Pardo, a professor at Seattle University School of Law and an expert on educational finance. "They can't generate income needed to pay back their loans, and they're going to end up in financial distress."

The show will air live October 21, 2010 at 1pm CST - To listen live please click the following link http://www.blogtalkradio.com/removeitnow/2010/10/21/is-the-university-of-phoenix-worth-the-money