The embattled Chancellor University will close in August, the Cleveland Plain Dealer reports. Chancellor, a for-profit institution located in Cleveland, enrolled fewer than 250 students earlier this year and planned to drop its regional accreditation in the fall. The university was formed in 2008 when a group of investors, led by Michael Clifford, purchased Myers University, a struggling private nonprofit institution. Chancellor later landed Jack Welch, the former chairman and CEO of General Electric Co., to help run the university's management school. But Strayer University subsequently purchased the Jack Welch Management Institute.
- For-Profit, Without Profit
- New online learning portal from for-profit veteran
- Rescuing a College in Cleveland
- Rescue Mission or Hostile Takeover?
- Saving a Christian College
- Quick Takes: Affirmative Action Ballot Dispute, Women's Sports Participation, Yale Will Spend More, Supreme Court Rejects Appeal on Campus Elections, Purchase of Textbook Company, New Buyer Possible for Myers U., Better Late Than Never
- Quick Takes: Violent Fights, Private Loan Recommendations, Black Students' Security Fears at Northern Illinois, Myers U. Plans to Shut Down, Canadian Price War, More Than a Minyan at Muhlenberg, Happy Academics in Iceland
- Then There Were 10
Search for Jobs