Entire college faculty given pink slips by University before sale of college

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.

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  • Suzanne Anderson
    tagged this with upvote 2017-11-01 09:03:03 -0400
  • Suzanne Anderson
    published this page in Ask Prof. Wolff 2017-11-01 09:02:14 -0400