Posted on 12/19/2013 2:08:39 AM PST by markomalley
The National Labor College, an education venture for working adults supported by the AFL-CIO, will close next year because of financial difficulties school officials attribute in part to the construction of a conference center several years ago on the Silver Spring campus.
The college, with 599 online students this fall, announced Wednesday that its board of trustees voted this week to accept a closure plan. Word of the impending shutdown had been circulating since at least mid-November.
“We’re all very, very sad,” said Paula E. Peinovich, the college’s president. The college will offer courses through the spring semester and have its final commencement in April — 17 years after it became an independent, degree-granting institution.
Peinovich said the college was burdened by debt incurred in a major campus renovation that began in 2003, including the construction of a 72,000-square-foot conference center named for Lane Kirkland, the late AFL-CIO president. The center, dedicated in 2007, was unable to generate enough revenue to erase the debt, Peinovich said, and even failed to cover its own operating costs.
(snip)
Alumni and students expressed distress. “I think it is a crying shame that the only specialized labor college in the United States of America cannot support itself to continue,” one alumnus wrote on the college’s Web site. “This institution represents a lot more than labor students represented by labor unions. It represents a way of life in America.”
(Excerpt) Read more at washingtonpost.com ...
OKAY FREEPERS ANYONE CARE TO ENUMERATE THE LIST OF OFFERED COURSES...
1. SQEEZIN PROFITABILITY FROM THE CORP. BOTTOM LINE MADE EASY
2. MUSCLIN’ CEO’S FOR FUN AND PROFIT
3. ‘ST CRISPIN’S’ WHY AINT IT A PAID HOLIDAY?
4.
5.
This is hilariously sad - they overspent to attribute something big to a hero of theirs, and died over it. Sounds like most big labor effects - do much good and then support cronyism and die because you choked down too much cost.
GM, Ford, Chrysler.
Then again, the upper white collars at these three fine institutions did the exact same. It took two to tango off the cliff. Human nature.
No worries; you can still get exactly the same education in Beijing.
Alas, the branch in Moscow closed decades ago, but Hanoi and Havana are very scenic and quite warm this time of year.
And these are the clowns that now want to run the fast food business.
WELCOME TO SILVER SPRINGS!
Home Of Maryland’s Largest Indoor Flea Market!
Maryland "Freak State" PING!
4. PURPLE PEOPLE BEATERS: WE CAN ALL LEARN FROM THE SEIU
5. RECALLS: THE WALKER CASE AND HOW WE CAN WIN NEXT TIME
I remember when they had one of those disgusting Winter Soldier commie meetings there about five years ago, when we were still freeping WRAMC. Good riddance.
How to raise member dues without providing any additional benifits to the members...
I mean those new Caddies and Lincolns aren't going to pay for themselves!
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