I visited Grand Canyon University when they were first starting to become an online school, something Dana College tried and failed to do. I was at Dana too, but so was Lenker, the prolific editor of Luther's Sermons.
The Babtist Foundation was telling people they would get 15% annually for the money they entrusted to that foundation's group of crooks. GCU lost most of their money and the school - with about 1,000 students. The school was on the brink. Business people took over the school and turned it into a local university (highly regarded) with online - long before that caught on. GCU later became a non-profit again and that eliminated $300 million a year in taxes.
Roughly 20 years later, GCU has become a nationally known and respected school with 118,000 students.
Here is GCU's pool party Trump celebration.
In the same amount of time, the Big Five Apostates have shriveled up, closed a number of campuses, and hushed the sweaty rumors of many more colleges disappearing. But do not worry about expensive, lavish gyms for WELS and the ELS. They have three itty-bitty schools and three gigantic gyms.
One thing is certain - the higher education mortality rate will increase, because the cost has spiraled. Northwestern Mutual offered a presentation to give to parents, to measure the cost of college for their toddlers in 20 years. Parents gasped and cried out that it was impossible. MIT $100,000 a year? It is already $86,000.
