For-profit higher education, with its emphasis on serving part-time, older students, has not traditionally been in the business of building dormitories.
But DeVry University dedicated its first dormitory last week, at its Fremont campus, outside of San Francisco. Not only is the dorm a first for DeVry, which has campuses in 22 states, but it goes against the pattern at national, for-profit colleges. The University of Phoenix and Corinthian Colleges, for example, don't have any dorms or plans to build them.
Benjamin Ladner walked away from American University Monday night -- with millions of dollars.
Ladner -- president for 11 years -- was fired this month by American University's Board of Trustees amid reports of profligate spending. For the last two weeks, Ladner and board members have negotiated the financial terms of his departure, with faculty members and students expressing outrage over reports that he would receive a multi-million dollar settlement.