New York, NY – Touro College (TUI) announced it has signed a definitive agreement to sell its 7500-student online postsecondary education division, to Summit Partners.
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TUI's existing management team will partner with Summit Partners and will continue to oversee day-to-day operations of the company going forward. California-based TUI is a fully online branch of Touro College, a New York-based, not-for-profit, regionally accredited institution with branches and campuses around the world.
Touro University International is a leading online university accredited by the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges, one of the seven regional bodies that accredit most independent and public colleges and universities. [dBusinessNews]
To anyone intersted in actually getting a degree which is worthwhile; DON’T DO IT ONLINE! I spent a year in a one of the ‘top’ online business schools,only to find out afterwords it wasn’t worth more than the paper it was(n’t) printed on. Not only won’tmany real colleges accept online credits, I missed out on much of what I should have learned, having only read material and not having it explained. (Try explaining how you get an F on an open book final, and still pass the course with a high grade!)