Patten University is Closing

[GoodYellowDogs]

Shocked - I just went online today to restart in the MBA program, as my life is less complicated.  Poof - it's gone.   JFK is expensive and doesn't have any info about courses, payment plans, or whatever.

Just want to cry.

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There's some useful / interesting information about the sale here:

https://www.edsurge.com/news/2018-07-09-...h-platform

This would be a good case study for an education administration program. The article alleges that Patten's tuition wasn't high enough to operate the school and that they should have started accepting financial aid. The only other online RA school I can think of that does this payment plan thing is California Southern University. They're more expensive than Patten and charge by the credit hour.

Patten should have looked at WGU as a model. WGU is more expensive and harder to afford payments for, but accepting loans allows students to delay payments until they graduate and, hopefully, have better-paying jobs. Also, WGU ends up being cheaper for most of those who qualify for the Pell Grant. Patten didn't even accept TA or the GI Bill.

I don't know how it worked at Patten; I guess students graduated without debt. At the other schools that have monthly payments, it's a lie that students graduate debt-free. They usually graduate in debt to the school, and some schools won't issue transcripts and a diploma until you pay off that debt.

Patten actually was based on the WGU model - they stole their administrators and teachers from WGU when they started the competency model.