COLLEGE
09/02/2010 05:12 am ET Updated May 25, 2011

Dana College CLOSES After 126 Years

Colleges in Nebraska and Iowa have agreed to take in students left in limbo in the wake of Dana College's sudden decision to close its doors.

The 126-year-old private college announced the closure late Wednesday, citing the Higher Learning Commission's refusal to back its sale to a group of investors. The commission would not transfer accreditation to the group of investors that announced plans to buy the school in Blair.

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