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10 Reasons Why New College of California is Shutting Down [TheBizofKnowledge]

knowmoremedia.com » 2008 » June » 24th » 10 Reasons Why New College of California is Shutting Down [TheBizofKnowledge]

Tagged: business of education, new college of california

The 37-year old New College of California will close its doors after graduation this year (6/21). The college: 1. hasn't paid its faculty since November 2. owes back property taxes 3. is behind in its mortgage payments 4. is in debt to vendors (internet connections and office equipment leases) 5. has financial irregularities 6. has admission irregularities 7. has enrollment irregularities 8. has … Continue Reading »

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