Comments for The Destruction of Marycrest at http://www.rcreader.com , comment 1 to 1 out of 1 comments http://www.rcreader.com Sun, 19 May 2013 23:03:12 +0100 FeedCreator 1.7.3 http://www.rcreader.com/news/the-destruction-of-marycrest/#comment-5025 I do know that the Teikyo corporation had also purchased Post College in Connecticut as well as Salem College in West Virginia. As of now, Post managed to sever all ties with Teikyo, and is now functioning as a small university in its own right under the name of Post University. I am uncertain about the status of Salem, but suffice it to say that there are no longer any American colleges under the Teikyo aegis. A rival Japanese corporation, Maruzen, had purchased the former Nathaniel Hawthorne College in New Hampshire in the late 1980s. However, the founder and owner of that company died suddenly, and Nathaniel Hawthorne had to close its doors. Since that time, the trend of Japanese corporations buying out struggling colleges has given way to American based "for profit" companies filling that void. Indeed, ITT and Kaplan have embarked on this course, and while the for profit label continues to be a stigma of a sort, at least the new proprietors are of American origin. While their management records are mixed, they are, again, at least better than the absymal records of companies like Teikyo. A shame, really, for small private colleges that cherish the value of one on one style education. - Christopher Poulios Wed, 17 Oct 2012 12:47:30 +0100