Second ELCA college to become for-profit business
Dana College, Blair, Nebraska, is in the process of being acquired by Dana Education Corporation (DEC), a for-profit organization based in Nebraska. The completion of the sale, expected this summer, will end the college’s affiliation with the Evangelical Lutheran Church in America (ELCA).
Dana College’s mission, accreditation, programs, degrees, faculty, campus and facilities will remain unchanged. The agreement with DEC will resolve the college’s long-standing financial resource issues.
Dana College was founded more than 125 years ago by Danish pioneers. Once the sale is finalized, the ELCA will have 26 colleges and universities across the country. On January 8, Waldorf College, Forest City, Iowa, was sold to a for-profit company, ending the college’s affiliation with the ELCA.
Tags: Blair Nebraska, Dana College, ELCA, Evangelical Lutheran Church in America, Waldorf College
