Stan Olson, on the far right (for once) -
graduated from Waldorf College,
in his salad days.
ELCA NEWS SERVICE
January 13, 2010
Waldorf College Sold, No Longer Affiliated with ELCA
CHICAGO (ELCA) -- Waldorf College, Forest City, Iowa, was sold Jan. 8 to Mayes Education, Inc., a wholly owned subsidiary of Columbia Southern University (CSU). With its new for-profit status, Waldorf is no longer affiliated with the Evangelical Lutheran Church in America (ELCA). Based in Orange Beach, Ala., CSU is a for-profit institution and one of the nation's first online universities.
The sale was prompted by a financial crisis at Waldorf. In April the Waldorf Lutheran College Association -- the college's governing body -- approved a series of resolutions that moved the school
closer to a possible sale to CSU.