January 17, 2012
InsideHigherEd
"Much of the growth in higher education came from for-profit colleges "converting" (essentially taking over) struggling or failing nonprofit institutions -- a practice that has been chilled in the last two years by scrutiny from accreditors -- or from companies like 2tor, Embanet-Compass, Bisk, Academic Partnerships and Deltak that help traditional colleges take their academic programs online. In the last few years, though, a new strain of entities has emerged. These use private (often investor-provided) capital to work with existing institutions to create entirely new institutions or enterprises; foremost among them is Altius Education's Ivy Bridge College (in tandem with Tiffin University), but others include Fidelis Education, which is designed to help former military service members make their way to selective colleges and universities..."
Venture Fund for Traditional Colleges