Richard D. Wolff

Is there any precedent for non-profit universities giving pink slips to the entire faculty of a college in anticipation of selling that college to a for-profit educational institution? This is what just happened at Westminster Choir College, an arm of Rider University in New Jersey. http://www.rideraaup.net/dellomo-lays-off-entire-wcc-faculty.html For background information: http://www.centraljersey.com/news/professor-prospective-westminster-buyer-has-no-higher-education-experience/article_07b79dca-adec-11e7-bf92-e3d49234601a.html?utm_medium=social&utm_source=facebook&utm_campaign=user-share I would also like to hear Prof. Wolff's thoughts about the larger issue of education becoming a for-profit and often predatory venture.