Mt. Sierra College Monrovia Closes Abruptly, Stunning Students and Faculty
“I almost thought it was a joke. But it was no joke”
This was a case where the school was open one day and closed the next. People on campus didn’t believe it at first.
KABC News reports:
Mt. Sierra College students stunned by Monrovia school’s sudden closure
Stunning news for students and faculty at Mt. Sierra College – the school has now closed.
“I almost thought it was a joke. But it was no joke,” said rising senior Ben Howard.
Mt. Sierra College in Monrovia abruptly shut down this week citing a lack of money.
“We were so close to completing our schooling, and all of a sudden the school closes,” said Howard.
There appears to be a lot of blame to go around. The owners of the for-profit technical college, Chinese investment company Wellsland LLC, say they bought a lemon, having never been told about problems at Mt. Sierra.
The company pumped in millions of dollars, installed new administrators and tried to right the ship. But the school went on probation and lost accreditation two weeks ago.
The U.S.-China trade war also had an impact.
Mt. Sierra’s director of human resources Jeffrey Sandwell said, “The administration of education in Beijing has denied any further transfer of monies to the owner because of the issues with the United States and China currently.”
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Translation: “We didn’t do our due diligence”, or, “we didn’t find enough to corrupt and steal to make this worth our while”.
Or perhaps the purchase had other motivations. But they found out the finances were so cancerous they couldn’t continue to operate it as a cover.
Circling the drain, will this be Oberlin’s fate, where they deficit spend while continuing to alienate everyone with their bald faced entitlement and racism?
What kind of for-profit school only has 125 students?