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State Board greenlights U of I's $550 million University of Phoenix purchase
https://www.idahoednews.org/north-idaho/u-of-i-pursues-550-million-purchase-of-university-of-phoenix/
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U of I officials say the acquisition promises a cash infusion of $10 million or more a year. Meanwhile, the U of I would guarantee up to $10 million a year to backstop bond payments on the purchase…
