http://www.nydailynews.com/blogs/weiss/2009/05/calipari-lands-another-point-g.html This guy is a writer for the NY Daily News, so he is a realiable source.
Apparently Stephenson has some academic issues, and it's the reason quite a few schools have dropped out of the recruitment for him.
Well I have read he has qualified. Hard to believe a player of his talent carries so much baggage to the point where top programs don't want him. It is ether Memphis or Europe right now for him.
Arizona hasnt pulled out, they just arent going to offer unless they are sure they want him. UA definitely isnt recruiting him hard right now, but they havent pulled out yet.