Grand Canyon University's New Nonprofit Status Means Millions In Lost Tax Revenue

Published: Wednesday, July 18, 2018 - 2:20pm
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Steve Shadley/KJZZ
The entrance to Grand Canyon University in Phoenix.

Earlier this month, Grand Canyon University announced it will finally be allowed to convert back to a nonprofit university after 14 years using a for-profit model.

University leaders touted the move as good for the community and for students, ensuring the institution’s long term legacy.

But the school’s move to nonprofit status will cost K-12 schools in Arizona and mean millions in lost tax revenue.

The Arizona Republic’s Jessica Boehm joined The Show to talk about all the numbers.

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