03-13-2010, 11:11 AM
In today’s spam…
From scenic Cleveland, home of the Rock ‘N’ Roll Hall of Fame, it’s Chancellor University, offering DL MBAs through its Jack Welch Management Institute.
Never heard of it. I decided to do some checking, lest I fall prey to some unprincipled diploma mill operation. Turns out Chancellor University is (for the moment) NCACS accredited, and formerly known as Myers University, formerly Dyke College.
Also, formerly (inter alia) Folsom's Business College and Folsom Mercantile College, where in 1855 no less than John D. Rockefeller (at age 15) attended a ten week (or six month, depending on your source) course “where he learned single and double-entry bookkeeping, penmanship, commercial history, mercantile customs, banking and exchange.” http://voteview.ucsd.edu/entrejdr.htm
Another illustrious alum is Harvey Firestone, of Firestone Tire fame.
Unfortunately, the school’s modern history is not quite so glamorous:
So the spam attack may be evidence of the school’s confidence that it will survive its Show-Cause evaluation next February. Or maybe it’s a last gasp at grabbing as much tuition as it can before it sinks under the waves. How ‘bout it punks, do you feel lucky?
Former GE CEO Jack Welch does. He dropped $2 million for a 12% stake in the school. But the lower profile but bigger bucks player is Michael Clifford, who heads the investor groups that bought Grand Canyon University, Ashford University and University of the Rockies.
The Jack Welch MBA Coming to Web
As we have seen, money talks when accreditation is on the line. Look for Chancellor to survive the inquisition and prosper. Which makes it a good buy now, before the price goes up as it inevitably must.
Graduate tuition is $600/unit, but for military it’s only $250/unit. http://www.chancelloru.edu/online/online.aspx#tuition
In addition to the Welch MBA they also have a masters in management, and a number of undergrad programs including criminal justice and forensic accounting.
From scenic Cleveland, home of the Rock ‘N’ Roll Hall of Fame, it’s Chancellor University, offering DL MBAs through its Jack Welch Management Institute.
Never heard of it. I decided to do some checking, lest I fall prey to some unprincipled diploma mill operation. Turns out Chancellor University is (for the moment) NCACS accredited, and formerly known as Myers University, formerly Dyke College.
Also, formerly (inter alia) Folsom's Business College and Folsom Mercantile College, where in 1855 no less than John D. Rockefeller (at age 15) attended a ten week (or six month, depending on your source) course “where he learned single and double-entry bookkeeping, penmanship, commercial history, mercantile customs, banking and exchange.” http://voteview.ucsd.edu/entrejdr.htm
Another illustrious alum is Harvey Firestone, of Firestone Tire fame.
Unfortunately, the school’s modern history is not quite so glamorous:
Quote: Following the 2005 comprehensive evaluation visit, the Commission was monitoring enrollment and finances at Myers when the institution signaled that it might close. An infusion of capital allowed the institution to operate for another year; however, a 2007 focused evaluation team raised substantive concerns that warranted a recommendation for an On Notice sanction.
Before the Board acted on the team recommendation, the institution announced its closure. That announcement led to intervention by the Court of Common Pleas in Cuyahoga County, Ohio, which effectively placed the University under control of a Special Master assigned by the court.
In February 2008, the Board notified Myers that it was considering withdrawing accreditation. The Board initiated a series of due process procedures to allow the institution to respond to these concerns. During these proceedings, representatives of Myers, with the support of the court, planned a change of ownership that was intended to address the primary concerns of the Commission. The Board of Trustees approved the change of ownership in August 2008, subject to further documentation and a focused evaluation visit. With the change of ownership, the institution became Chancellor University, and changed from nonprofit to for-profit status.
In October 2008, based on the finding that the University was in danger of not meeting Criterion One and Criterion Two, the Board placed Chancellor University on the sanction of Probation and set the next comprehensive visit for Fall 2009.
On February 22, 2010, following a comprehensive visit to the University on October 5-7, 2009, the Board issued a Show-Cause Order to the University, thereby removing the sanction of Probation.
Quote: The Show-Cause Report must be in the Commission office by December 1, 2010. Following receipt of the Report the Commission will send an Evaluation Team in early January to the institution to validate the contents of the Show-Cause Report and determine if each of the concerns identified by the Board has been fully ameliorated. The Show-Cause Order will remain in effect until the Board reviews the Show-Cause Team Report, the University’s Show-Cause Report, and its response to the Show-Cause Team Report at its February 2011 meeting.http://www.ncahlc.org/download/_PublicDi...N_1837.pdf
Should the institution not file the Show-Cause Report or be unable to establish to the satisfaction of the Board that the institution meets each of the Criteria for Accreditation, the Board will move to withdraw accreditation of the institution.
So the spam attack may be evidence of the school’s confidence that it will survive its Show-Cause evaluation next February. Or maybe it’s a last gasp at grabbing as much tuition as it can before it sinks under the waves. How ‘bout it punks, do you feel lucky?
Former GE CEO Jack Welch does. He dropped $2 million for a 12% stake in the school. But the lower profile but bigger bucks player is Michael Clifford, who heads the investor groups that bought Grand Canyon University, Ashford University and University of the Rockies.
The Jack Welch MBA Coming to Web
As we have seen, money talks when accreditation is on the line. Look for Chancellor to survive the inquisition and prosper. Which makes it a good buy now, before the price goes up as it inevitably must.
Graduate tuition is $600/unit, but for military it’s only $250/unit. http://www.chancelloru.edu/online/online.aspx#tuition
In addition to the Welch MBA they also have a masters in management, and a number of undergrad programs including criminal justice and forensic accounting.