Getting used to higher ed’s new for-profit model?

By Albuquerque Journal Editorial Board. City government’s move was something of a gamble – this was a brave new world for higher education in Santa Fe. The College of Santa Fe was a historic New Mexico institution started by the Christian Brothers that had connections and a legacy in the community that were vast; Laureate was a rapidly expanding for-profit company based in Baltimore that now has institutions on every inhabited continent on earth. Laureate agreed to, 27-year lease at $2.35 million a year on the Santa Fe campus. More...