Lincoln College of New England closing by year ends (Vernon: credit, schools)
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"Lincoln College of New England (LCNE) announced Monday it will close at the end of the Fall 2018 semester after issues with accreditation."
"The school will close for good on Dec. 31, 2018, according to a letter addressed to current students, Interim President Dr. Jim Vernon. Vernon wrote that the college was going through its regular reaccreditation process with the New England Association of Schools and Colleges (NEASC), the regional accreditation association. On July 26 NEASC informed school officials the college was placed on probation, and following that notice, the school made the decision to close.'
This is a "for profit" college which means it has to produce profits to survive. Given the problems they have with accreditation, I am guessing that is not possible. They probably needed to invest a lot of money to maintain their accreditation and they weren't willing to do that. Still feel bad for their students who are left out at the last minute. Jay
"Lincoln College of New England (LCNE) announced Monday it will close at the end of the Fall 2018 semester after issues with accreditation."
"The school will close for good on Dec. 31, 2018, according to a letter addressed to current students, Interim President Dr. Jim Vernon. Vernon wrote that the college was going through its regular reaccreditation process with the New England Association of Schools and Colleges (NEASC), the regional accreditation association. On July 26 NEASC informed school officials the college was placed on probation, and following that notice, the school made the decision to close.'
Something similar happened a couple of years ago to Dowling College here on Long Island.
The college was having financial difficulties, possibly from mismanagement. I heard they went into serious debt because of overexpansion, especially I think from of athletic facilities. Then they lost their Middle States accreditation.
Its a shame. Not only for the students, former students and faculty. But also because of a rapidly growing population and the general need to have a college education to maintain some kind of middle class lifestyle, we should be expanding colleges, not closing them down.
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