Bill in Arizona Would Give Millions in Tax Breaks to For-Profit Colleges

Even as they struggle to close a major budget gap, Arizona lawmakers are considering a bill that could give millions of dollars in tax breaks to the parent companies of the University of Phoenix and Grand Canyon University, and to other companies, The Arizona Republic reports. Phoenix’s parent company, the Apollo Group, has been a major contributor to political campaigns of state legislators and, along with other businesses, has lobbied for the bill.