For more than 140 years, Globe University and Minnesota School of Business have had the great privilege of providing career-focused education to tens of thousands of students from throughout the Midwest. Their success has always been, and remains, our number one priority today.
While we continue to fight the injustices we feel have been done to our Colleges and our sector, it is in the best interest of our students’ success that we have made the very difficult decision to begin implementing teach-out and articulation agreements. While we strongly disagree with the blanket actions taken against all programs offered, we are grateful for the academic partners that are stepping up to help our students successfully complete their education.
We are currently appealing the U.S. Department of Education’s decision to deny our Colleges federal financial aid. We will continue to fight for our students and colleges until all options have been exhausted.
While the Attorney General may celebrate the closure of the schools, many others will not. This holiday season will not be so happy for the thousands of students forced to complete their programs elsewhere, the hundreds of employees losing their jobs, or the communities that depend on a skilled workforce. We will continue to work with regulators to seek more reasonable actions and for our other programs to continue.