Published on a weekly basis, it not only serves the students and faculty of the various colleges of the university in the United States and Italy, but it also serves the northside Chicago neighborhoods of Edgewater and Rogers Park and has a readership that extends through the twenty-eight member institutions of the Association of Jesuit Colleges and Universities.

As of 2021,[update] the faculty adviser to the newspaper is Katie Drews,[1] a former investigative reporter at the Better Government Association and the 2008-09 editor-in-chief of The Phoenix.

[2] Following the newspaper's coverage of an alleged violent beating of a gay man on the CTA Red Line by a then-Loyola student in January 2010, the Phoenix was subpoenaed for their notes regarding the case.

In the summer of 2011, however, judge Diane Cannon, blocked the subpoena, which set a new standard for student journalists, entitling them to the same protection as their professional counterparts.

The ruling was the first decision in Illinois to apply the law to a student newspaper.