The Chronicle News Blog: Rio Salado College: Not for Sale
It seems that an offer by a private investor to buy Rio Salado College will go nowhere.
Michael K. Clifford had sent a letter to Arizona’s Maricopa County Community College District, of which Rio Salado is a part, offering $5,000 per student or $400-million, whichever amount was greater, to purchase the two-year institution. Mr. Clifford, a born-again Christian, has an interest in online and evangelical colleges, having led investors to buy Grand Canyon University, a Christian institution, in 2004.
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