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Answer» What is University Of Phoenix mean? University of Phoenix (UoPX) is a private for-profit university with its headquarters in Phoenix, Arizona. Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor's, master's, and doctoral degree levels. It is institutionally accredited by the Higher Learning Commission and has an open enrollment admission policy, accepting all applicants with a high-school diploma, GED, or its equivalent as sufficient for admission. The school is owned by Apollo Global Management, an American private equity firm. The university has paid hundreds of millions of dollars in fines and settlements concerning its student recruiting practices and education programs, particularly including deceptive advertising to prospective students. reference
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