In a Reversal, Dowling College Looks to an Education Company to Stay Afloat

Last week Albert Inserra, president of Dowling College, announced that the institution was shutting its doors. Now the long-struggling private college on New York's Long Island hopes that it can stave off closure if it strikes a deal with Global University Systems, a European company that specializes in providing capital to troubled higher-education institutions and strengthening their recruitment efforts.