Wednesday, March 17, 2010

Dana College Joins the For-Profit Sector

Dana College, a financially struggling liberal arts college in Nebraska, announced that it has reached an agreement with the Dana Education Corp, a team of
senior higher education administrators who bring to Dana a deep understanding of higher education from an academic and regulatory perspective. DEC’s leadership team also includes individuals with experience in student recruitment and admissions as well as general administration.
Not much will change at the college other than the ownership structure and the financial backing needed to achieve its mission:
Dana College’s mission, accreditation, programs, faculty, campus and facilities will be unchanged. Dana College degrees will carry the same weight and respect that they always have, and Dana College expects to continue to participate in the same athletic conferences and organizations. All faculty positions will remain in place.

“We are pleased to have found a partner that believes in Dana and its place in the community. Dana will now have new financial resources needed to thrive and highly experienced higher education administrators to complement the current staff. We believe DEC will help Dana maintain and strengthen the college’s mission and continue to serve well the diverse populations that have been the hallmark of Dana College’s institutional culture,” said Dr. Janet Philipp, President of Dana College.
Inside Higher Ed's Scott Jaschik has more on the story.

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