Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges

Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by jermaustin1 on Tuesday March 20, 2018 @04:15PM (#16632139)

Are these colleges accredited? And if so, will they still be accredited and reviewed just as they were when they were wholly owned by the University?

It smells weird that a foreign state-owned company wants to buys a US college. Maybe they want the land, or maybe its all about that tuition money. The China sees that we Americans are stupid enough to pay $30-40k per year to go to a private music college, and they want a cut of that.

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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by lainga on Tuesday March 20, 2018 @04:18PM (#16632166)

It is a safe haven for capital, too - see the comment below about the 1980s Japanese property bubble.

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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by pzh on Tuesday March 20, 2018 @09:06PM (#16634377)

Or most likely, they do it for the real or perceived immigration benefits. An accredited educational institution in the US can issue F-1 student visas, and these can be converted to OPT, H-1B, Greencard, and ultimately a US Citizenship. That's probably what would attract wealthy families to send their kids to an unknown no-brand college that is clearly owned by a Chinese company.

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