Neb.'s Dana College closing after 126 years

Source: businessweek.co Posted By: Nellie D...5259 days ago

Colleges in Nebraska and Iowa have agreed to take in students left in limbo in the wake of Dana College's sudden decision to close its doors.

The 126-year-old private college announced the closure late Wednesday, citing the Higher Learning Commission's refusal to back its sale to a group of investors. The commission would not transfer accreditation to the group of investors that announced plans to buy the school in Blair.

Dana officials were making arrangements Thursday to help its 600 to 650....

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