December 13, 2002
National U. Creates a For-Profit Company to Run Growing Online Programs
National University has turned its distance-learning program, started in 1996, into a for-profit venture called the Spectrum Pacific Learning Company, the university announced last month.
The decision reflects the 31-year-old nonprofit university's effort to build on its success in operating another for-profit entity, the College of Oceaneering, which the university purchased about a year ago.
Janet Littrell, Spectrum Pacific's chief executive officer, says the university's
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