After 115 years, Concordia University in Oregon will close its doors following the end of the 2020 spring semester and faces a potential class-action lawsuit launched by a student who claims he was misled about the institution’s financial struggles.
In a statement, the private Lutheran institution with about 5,700 students explained that its board of regents voted after much prayer and consideration of all options to cease operations of the school in a resolution approved on Feb. 7.
The board’s vote follows “years of mounting financial challenges and a challenging and changing educational landscape.”
Interim President Tom Ries said the board concluded that it’s “impossible to pursue” the school’s mission considering the current and projected enrollment and finances of the school.
“The board has come to this difficult decision recognizing that it is in the best interest of our students, our faculty, our staff, and our partners,” Ries said. He pledged to share more information as it becomes available.
According to Oregon Live, the closure will result in over 1,500 layoffs that will occur by September.
Concordia says it is in “active discussions” with accrediting bodies to provide students with opportunities to continue their education at other higher education institutions. Concordia is also in talks about how to help faculty and staff transition to the next phase of their careers.
SOURCE: Christian Post, Samuel Smith
All Content & Images are provided by the acknowledged source
WHAT DO YOU THINK?- We have all sinned and deserve God's judgment. God, the Father, sent His only Son to satisfy that judgment for those who believe in Him. Jesus, the creator and eternal Son of God, who lived a sinless life, loves us so much that He died for our sins, taking the punishment that we deserve, was buried, and rose from the dead according to the Bible. If you truly believe and trust this in your heart, receiving Jesus alone as your Savior, declaring, "Jesus is Lord," you will be saved from judgment and spend eternity with God in heaven.
What is your response?
If you are not a Christian, and would like to become a Christian. Simply say - "LORD Jesus, thank you for forgiving me of my SINs, today I am deciding to follow you. Accept me into your family, in Jesus name I pray. Amen "
If you still have questions , click here to Contact Us, we are here to help
Unless otherwise specified, the news and opinions expressed are solely the source's and author's and do not necessarily reflect the views of The Christian Mail.