Online Institution Purchases Brick and Mortar College
On April 24, the Des Moines Register reported that Columbia Southern University, a for-profit, distance learning university is purchasing Waldorf College, a 100-year old college located in Forest City, IA.
According to the Register article, Columbia Southern will maintain the Waldorf name and brand, but seek to begin reaching a new audience through distance learning opportunities.
While the article notes that a transaction such as this is rare within higher education, those of us who follow distance education have to wonder if we will see more of this as competition for students increases traditional colleges and universities and online institutions.
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