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Iowa Private College Sells Assets to For-Profit University

May 9, 2009
Chronicle of Higher Education News Blog
Iowa Private College Sells Assets to For-Profit University Waldorf College, a financially struggling private institution in Iowa, has agreed to sell its assets to Columbia Southern University, an online institution based in Alabama.

“This is an exciting day — the culmination of many months of hard work,” Dick Hanson, Waldorf’s president, said in a statement.

The 580-student college, which is affiliated with the Evangelical Lutheran Church in America, is expected to maintain its name and its campus in Forest City while... RSS Share it

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