<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN">
<html>
<head>
<meta http-equiv="content-type" content="text/html; charset=ISO-8859-1">
</head>
<body text="#000000" bgcolor="#ffffff">
<font size="-1"><font face="Helvetica, Arial, sans-serif">For those who
attended "The State of Christian Distance Education" presentation last
week, I mentioned that one of the trends was for-profit companies
purchasing struggling accredited religious and liberal arts colleges.
On Tuesday, the Lutheran liberal arts Dana College announced its
purchase by a private for-profit company, the newly-created Dana
Education Corporation. Unlike other recent purchases of struggling
schools that we discussed, the goal doesn't appear to be to transform
Dana into an online institution but rather to restore the college to
financial health while maintaining the school's current mission and
character as a residential Lutheran college. It will be interesting to
see whether this approach can be used to rescue a financially
struggling college without fundamentally changing the institution.<br>
<br>
You can read the Dana College's announcement at
<a class="moz-txt-link-freetext" href="http://www.dana.edu/news/965">http://www.dana.edu/news/965</a><br>
<br>
Jason<br>
<br>
---<br>
Jason D. Baker, Ph.D.<br>
Professor of Education<br>
Regent University<br>
757-352-4447<br>
<a class="moz-txt-link-abbreviated" href="mailto:jbaker@regent.edu">jbaker@regent.edu</a> <br>
</font></font>
</body>
</html>