Pros: The people you work with, and the University's values.
Cons: Stability and upward mobility.
I worked at University of Phoenix for 11 years and loved it there. I would be there now if I could. The job paid well, and I worked with some of the best people, both above me and below.
I was impressed over time with the University's values as well. From above, they liked to do things the right way. There were mistakes, as there are in all organizations, but we learned and moved on, ever progressing.