Chinese Companies Are Buying Up Cash-Strapped US Colleges (bloomberg.com)

An anonymous reader quotes a report from Bloomberg: Chinese companies are taking advantage of America's financially strapped higher-education system to buy schools, and the latest deal for a classical music conservatory in Princeton, New Jersey, is striking chords of dissonance on campus. Beijing Kaiwen Education Technology Co. agreed in February to pay $40 million for Westminster Choir College, an affiliate of Rider University that trains students for careers as singers, conductors and music teachers. The announcement came just weeks after the government-controlled Chinese company changed its name from Jiangsu Zhongtai Bridge Steel Structure Co. The pending purchase rankles some Westminster faculty and alumni, who question what a longtime maker of steel spans knows about running an elite school whose choirs sang with maestros Leonard Bernstein, Arturo Toscanini and Seiji Ozawa. Alumni are among those suing in New York federal court to block the sale, saying it violates Westminster's 1991 merger agreement with Rider and will trigger the choir college's demise.

Comments

Re:This makes sense

[goose-incarnated]

It would be acceptable to teach the works of dead white men once more.

And to think I share a demographic with this worm. Man the fuck up and stop being such a whiny little bitch.

To be honest, you're an embarrasment to any demographic unfortunate enough to have you. Your views, in general, are repulsive and primitive.

There is no place for outdated views like yours. You're already a minority.