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==History== {{main|Timeline of the University of Idaho}} On January 30, 1889, [[Edward A. Stevenson|Governor Edward Stevenson]] of the [[Idaho Territory]] signed the territorial legislature's Council Bill No. 20, which officially established the UI as the upcoming state's [[land-grant]] institution. Nearly four years later, the university opened for classes on October 3, 1892.<ref>[http://www.lib.uidaho.edu/special-collections/timeline.htm lib.uidaho.edu] - special collections - timeline - accessed 2010-04-06</ref> The choice of location for the University of Idaho was an "Olive Branch of Peace" by Gov. Stevenson for his actions in styming the nearly successful effort to detach the north [[Idaho Panhandle]] and join the state of [[Washington (state)|Washington]].<ref name=autogenerated6/> Formed by the [[Idaho Territory]] legislature in 1889, the university opened its doors in 1892 with a class of 40 students. The first graduating class in 1896 consisted of two men and two women. In 2023, the University of Idaho established a non-profit organization, Four Three Education, which would acquire the [[University of Phoenix]] by issuing $550 million in bonds (creating an estimated $685 million in debt).<ref>{{cite web |last1=Palermo |first1=Angela |last2=Ramirez |first2=Daniel |title='The whole thing just smells bad': University of Idaho faculty, taxpayers respond to University of Phoenix acquisition |url=https://www.idahostatesman.com/news/local/education/article276589661.html |website=www.idahostatesman.com |publisher=Idaho Statesman |access-date=11 August 2023}}</ref><ref>{{cite web |last1=Richert |first1=Kevin |title=Statehouse showdown over University of Idaho-Phoenix discussion escalates |url=https://idahocapitalsun.com/2023/07/07/statehouse-showdown-over-university-of-idaho-phoenix-discussion-escalates/ |website=idahocapitalsun.com |date=July 7, 2023 |publisher=Idaho Capital Sun |access-date=11 August 2023}}</ref> Idaho spent approximately $7 million on consultants prior to the deal.<ref>{{cite web |last1=Fixler |first1=Kevin |title=Phoenix deal offers ‘more than enough’ to cover student-loan risk, says U of I president|url=https://www.idahostatesman.com/news/local/education/article284363569.html |website=www.idahostatesman.com |publisher=Idaho Statesman |access-date=29 January 2024}}</ref> Three University of Idaho administrators sit on the Four Three board, including UI attorney Kent Nelson.<ref>{{cite web |last1=Richert |first1=Kevin |title=What's in a name — or names — at the U of I? |url=https://www.idahoednews.org/kevins-blog/whats-in-a-name-or-names-at-the-u-of-i/ |website=www.idahoednews.org |date=June 22, 2023 |publisher=Idaho Ed News |access-date=25 September 2023}}</ref> The slate of directors of Four Three Education will be selected by the Regents of the University of Idaho.<ref>{{cite web |title=University of Phoenix Affiliation FAQ |url=https://www.uidaho.edu/president/university-of-phoenix-affiliation |website=www.uidaho.edu |publisher=University of Idaho |access-date=21 December 2023}}</ref> However, President Green and University of Phoenix President Chris Lynne will be ex-officio members with full voting rights.<ref>{{cite web |last1=Fixler |first1=Kevin |title=Statesman exclusive: U of I president touts 'majority independent' board in Phoenix deal |url=https://www.idahostatesman.com/news/local/education/article283799358.html |website=www.idahostatesman.com |publisher=Idaho Statesman |access-date=7 January 2024}}</ref>
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