Ashford Accreditor Greenlights Merger, Holds Off On Decision to Convert to Non-Profit

Snippets...

"In March, Bridgepoint Education, the parent company of Ashford and UotR, announced plans to separate from the schools and transition into a course management company. If all goes as planned, Ashford University will be its first client."

"The merger still awaits state and U.S. Department of Education approval."

"A few other institutions in the past year have sought to transition into non-profit status besides Ashford University and the University of the Rockies. Grand Canyon University in Arizona is currently seeking to make the same move. Purdue also acquired Kaplan University for the price of $1, a deal that continues to draw ire from Purdue faculty and raise eyebrows elsewhere. Meanwhile, Strayer Education merged with Capella Education in a $1.9 billion deal last October."

https://news.elearninginside.com/ashford-accreditor-greenlights-merger-holds-off-on-decision-to-convert-to-non-profit/

 

Here's another sorta business-y thing about Ashford

http://ktar.com/story/2530324/online-university-moving-headquarters-to-chandler/

 

I find it funny that a number of unwonderful schools seek to become non-profit's, not because of any real benefit to their educational quality, but because they want to shed the public perception of what being a for-profit means. The public is so gullible that they'll actually see that change and believe the school is now automatically transformed into a good program.

 

The whole issue of for-profit/non-profit is just a tax status and is not necessarily indicative of quality or lack thereof.

 

Yes, I know that, you know that, but the general public (thanks to the irresponsible help of the media, and even a number of posters here at DI) doesn't realize this, hence the constant for-profit witch hunt.

 

Ashford University Receives Structural Change Approval from WSCUC
https://www.prnewswire.com/news-releases/ashford-university-receives-structural-change-approval-from-wscuc-300884579.html