Experts weigh in on nonprofit to for-profit transitions.
Grand Canyon University (GCU), a Christian university in Arizona with 117,800 on-campus and online students, operated as a nonprofit from 1949 to 2004 before becoming a for-profit under a publicly traded parent.
Grand Canyon University, the largest private Christian school in America, issued $1.2 billion in junk bonds late last year to complete paying off its transition from for-profit to non-profit status, a process it started in ...