University Of Phoenix Closing 115 Locations In US - NewsChannel5.com | Nashville News, Weather & Sports

University Of Phoenix Closing 115 Locations In US

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(AP Photo) (AP Photo)

NASHVILLE, Tenn. - The University of Phoenix announced it will close 115 locations across the country, including 90 resource centers and 25 primary campuses.

The company that owns the school, Apollo Group, is struggling financially, so it's planning to cut $300-million in costs by 2014.

About 800 employees out of a staff of 17,000 will lose their jobs, and 13,000 students will need to find somewhere else to take classes.

After the closings, which are to be completed next year, the University of Phoenix will be left with a nationwide network of 112 locations and a physical presence in 36 states, the District of Columbia and Puerto Rico.

It's not clear if the Nashville campus is one of the centers shutting down, but Knoxville's campus is closing.

The University said it will not release a full list of the campuses affected until all employees and students are notified.

Students affected by the University of Phoenix closings will have the option of transferring to the university's online classes — about three-quarters of its students are online — or moving to a nearby site.

Students are now being notified of the changes, and a hot line has been set up at (866) 992-3302 for those with questions.

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