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Message: [QUOTE="azfan, post: 3878020, member: 7748"] Grand Canyon is a private for profit religious college. Originally founded in 1949 in Prescott Arizona it moved to the valley and remained a small school of a thousand students until sold in 2004 due to financial difficulties. The stock trades on the NASDAQ under the symbol Lopes. Annual tuition is $16,700 and on campus housing like it's fellow college Cal Baptist is a relative bargain at 7,100 per year. Notable alumni include Tim Salmon. [URL unfurl="true"]https://news.gcu.edu/2014/04/one-grand-story-how-gcu-began-rewriting-its-destiny-10-years-ago/[/URL] With a campus of similar size to Seattle U and Cal Baptist as a for-profit College Grand Canyon pays approximately $10 million annually in property taxes. Of course neither Seattle U nor Cal Riverside pay property taxes to their communities due to non-profit status. From that trusted source [URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University']Wikipedia[/URL] 2018 the university received approval to return to non-profit status from its regional accreditor as well as the [URL='https://en.m.wikipedia.org/wiki/IRS']IRS[/URL] and the Arizona State Board for Private Postsecondary Education.[URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University#cite_note-14'][14][/URL] However, the [URL='https://en.m.wikipedia.org/wiki/U.S._Department_of_Education']U.S. Department of Education[/URL] rejected the university's request to reclassify it as a non-profit and continues to classify the university as for-profit.[URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University#cite_note-CollegeNavigator-15'][15][/URL][URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University#cite_note-IHE_for-profit-16'][16][/URL] The university operations partner directly alongside the for-profit publicly traded corporation, Grand Canyon Education, Inc. (formerly Significant Education[URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University#cite_note-SEC-S1-17'][17][/URL]) that bundles services for the university to operate. The university president, Brian Meuller, also serves as the CEO of Grand Canyon Education. After the infusion of capital, Grand Canyon University's size increased. After having fewer than 1,000 students enrolled in 2008, the university had 17,500 students in the spring of 2017.[URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University#cite_note-AZCentral-Growth-23'][23][/URL] A 2015 economic impact study revealed that the university was adding about $1 billion into the state's economy each year during its expansion.[URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University#cite_note-AZCentral-EconomicImpact-24'][24][/URL] In February 2017, Arizona Governor [URL='https://en.m.wikipedia.org/wiki/Doug_Ducey']Doug Ducey[/URL] said that the neighborhoods surrounding the university have experienced a 30% increase in housing values while concurrently seeing a 30% decrease in crime rates.[URL='https://en.m.wikipedia.org/wiki/Grand_Canyon_University#cite_note-DuceyOfficeOfEducation011517-25'][25][/URL] [/QUOTE]

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