Harvard grads can get jobs. Grads of Grand Canyon cannot. The school is not even fully accredited. Who wants to hire grads of this school when plenty of grads of real universities are looking for work?
All, I work in higher ed and I must admit that I am not a fan of the CEO. I also own no shares, I am simply expressing my opinion. That said, Grand Canyon is doing something that i think is very smart. They are investing in the physical campus which in turn legitimizes that online degrees in the eyes of the consumer. They also recently were granted a 'free' new campus in western Massachusetts which they will use for further expansion of a traditional student body. I expect that this will also help them to expand online in the Northeast. I am not qualified to comment on earnings guidance or anything to that effect, but I can say that I know this industry. Whereas BPI is in trouble for not investing in the traditional student body, LOPE seems to be taking steps that will keep the regulators happy and increase positive brand awareness. Just my opinion though.
Also, the comment about accreditation seems to indicate that the poster does not understand what the term means. GCU is regionally accredited by the HLC. This is, in fact, no such thing as 'fully accredited'.