"That $1 purchase the University of Arkansas System made in 2021 is turning into quite a liability. The UA System’s board of trustees on Friday approved a system loan of up to $2.5 million to the University of Arkansas Grantham, an online, formerly for-profit university the system acquired in 2021 and merged with the system’s eVersity online program."
https://arktimes.com/arkansas-blog/2023/12/16/board-approves-loan-from-within-the-ua-system-to-ua-at-grantham