The Globe empire has been a textbook example of for-profit education gone very wrong, and the righteous endgame has looked inevitable for a while. Having a state Attorney General, Lori Swanson, who is not a corporate tool has of course been a big help.
Globe University and Minnesota School of Business will be shuttering their Minnesota campuses, the Woodbury-based schools announced on Tuesday.
The for-profit schools have been cut off from federal funding and were stung by a lawsuit that found they had committed fraud in their criminal justice program.
It looks like steps are being taken to help current students there with getting their credits to transfer and so on. As far as teachers and other staff, it sucks for now, but letting this corrupt institution continue its ways wasn’t doing anyone any good.
If you read the Strib article you’ll see that Rep. Tom Emmer (R-MN) is indulging in a bit of a tantrum about this. Tough.
Comment below fold.
From Eric Ferguson:
Anyone who got a degree from these schools, even if you think it wasn’t worth much, should get a transcript NOW just in case they shut down early, and in case some future school or employer asks to see it. Unlikely once you’ve been out for a while, but I’ve had prospective employers want a transcript from a college when I had been out for a long time.