The End for a Private College — With Big Assets

Sierra Nevada attracted rich moguls, but not enough students. Will it go for-profit?

For the undergraduate who wants to get away and loves to ski, Sierra Nevada College is close to paradise. The campus, shaded by 80-foot-tall Ponderosa pines, fairly screams resort. Students stroll past volleyball courts on blindingly green lawns or loll around rough-hewn wooden tables and on leather sofas beneath the cathedral ceilings of the chalet-style buildings.

The campus is just 10 years

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