You want to own a Deac accredited school?

Discussion in 'Off-Topic Discussions' started by b4cz28, Feb 26, 2016.

  1. Kizmet

    Kizmet Moderator Staff Member

    Yeah, that's what I said at first, a university that doesn't actually teach anything.
  2. Johann

    Johann Well-Known Member

    Right. Sadly, we aren't. At all. We do have Athabasca U. and that's about as far out as we go, with transfer credit etc. Not very far out. Precisely one degree that can be completed 100% externally, last I looked. The school is also RA, and thus attracts US students. Some used to consider it as a sort of "fourth" member of the Big 3. I think it's priced well out of that market, nowadays.

    You'd pretty well need an Act of Provincial Parliament to start a university here. Good luck getting one for an this type of institution. Well, maybe if you found our Kathleen Wynne in the right mood --- :smile:

    There were a couple of DEAC (DETC at the time) distance universities allowed in New Brunswick - Lansbridge and Meritus, IIRC. But they're closed now.

    Last edited by a moderator: Jun 4, 2016
  3. Raza

    Raza New Member

    Is there any DEAC school for sale
  4. AsianStew

    AsianStew Active Member

    The last DEAC school that got bought out was Ashworth by Penn Foster. That dropped the competition between the two schools, very good thinking on Penn Foster side as Ashworth was their biggest competitor. How much are you willing to spend? I looked into this a couple of years ago... I don't think anything is in the market, but you may want to inquire about a few. The ones that look good are New Charter University, Taft, Westcliff, and others that have gone to RA...
  5. Raza

    Raza New Member

    Dear i am willing to pay any reasonable price. I will pefer a new recently accredited school. Please kindly help in this regard.
  6. AsianStew

    AsianStew Active Member

    Raza, that's great to hear. I don't know what your budget is and how much a reasonable amount is considered viable for you... so, on a serious yet different note, a recent example, Trident University was sold to Perdeceo (Career Education Corp) for around $35-45 million which is pretty reasonable for that caliber/size/quality of a school. I also looked up a Canadian school who was on the market just a month or two ago, it's much smaller and had a lesser reputation, the fart-head quoted me a whopping $40 million for that school, I just LOL and left...

    I would only pay at most 10% of what was asked for the Canadian school just because they had partnerships with ones in the US, but I didn't even bother offering anything. Now, since you mentioned you would like a newly accredited school, it may be better to create your own and then go for accreditation after two/three years, I have seen many over the years do just that with less than the $4 million I am willing to spend. I have a few people who asked me how to start a university on this board, you may want to partner up with them and have a few investors. Private Message me or in my profile, write to me if you need details or help...
  7. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Not sure, but there is at least one broker of schools:
  8. AsianStew

    AsianStew Active Member

    There are many brokers and schools for sale at this moment - Actually, there are a few schools on dealstream - education section that I am looking at, NA college/university in South Eastern US for sale... 2.5million asking price... if you want to know the schools details, just sign a non-disclosure agreement and they'll give you the details of the school...

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