As I have always said, we should pay attention to what is
happening with the bigger players in higher education.
“Accreditor Rejects
Partnership Between Business School and For-Profit Group”
“A deal between the
Thunderbird School of Global Management and a for-profit education company has
been rejected by the business school's regional accreditor, giving at least a
temporary victory to an alumni group and some former board members who said the
arrangement would turn Thunderbird into a "diploma mill."”
“Thunderbird, based in
Arizona, had been seeking a partnership with Laureate Education Inc. in order
to shore up its troubled finances. The arrangement would have brought the
school $53-million through a sale-leaseback of its campus and $13-million more
to start online and undergraduate programs and to expand its international
sites.”
“Thunderbird pursued the deal with Laureate after rejecting
several other suitors, including Arizona State University and the Hult
International Business School, saying that the for-profit company was the only
one that would sustain its financial health and protect its brand.”
Read the whole thing here: http://chronicle.com/article/Accreditor-Rejects-Partnership/145361/?cid=at&utm_source=at&utm_medium=en
I personally think there are many “gut reactions” here, not
all for profits are evil. However, in the end any school must do what they feel
is best for their stakeholders; and hopefully they decided in a logical manner
not a visceral reaction.
What are your thoughts?
Dr Flavius A B
Akerele III
The ETeam
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