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A Private College Goes For-Profit
March 17, 2010
Dana College, in Nebraska, announced Tuesday evening that it is being sold to a new for-profit company. The sale comes just a year after another Lutheran institution, Waldorf College in Iowa, was sold to a for-profit entity. But while Dana's purchase is similar, it may differ in other ways. The new owners say that their goal is to build the traditional liberal arts mission through on-campus programs, and not to use the college and its accreditation as a base for online operations.
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