July 7, 2010

4 Areas of Concern When For-Profits Buy Nonprofit Colleges

By Geoffrey M. Cox

The trend toward converting nonprofit colleges and universities into for-profit institutions seemed to be accelerating over the past year, but suddenly the practice is under new scrutiny. The Higher Learning Commission of the North Central Association of Colleges and Schools recently refused to transfer the accreditation of Dana College to a group of investors who planned to purchase the institution, forcing the

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