NewSchool of Architecture and Design
NewSchool of Architecture & Design (NewSchool or NSAD) is a private for-profit college in San Diego, California. It enrolls 300 students and has two schools, the School of Architecture and Construction Management and the School of Design. It is owned by Ambow Education Holding and accredited by the WASC Senior College and University Commission.
History
Richard P. Welsh founded NewSchool of Architecture in 1980. The school was originally located in Chula Vista, California. In 1988, NewSchool relocated to the East Village of San Diego. A year later, Bislin Education Corp. (a subsidiary of Futures in Education, Inc.) acquired NewSchool. NewSchool was primarily focused on architecture and construction management undergraduate and graduate degree programs.
According to journalist Gary Robbins, the school's move came "as artists, architects, designers and other creative people were beginning to move into East Village, changing the look and vibe of the area. Eateries also popped up along with single-occupancy residential hotels. Voters supercharged the boom in 1998, approving construction of a new home for the Padres in the village."
In 2001, ForeFront Education, Inc., acquired the school and changed its name to NewSchool of Architecture & Design.
In 2008 Laureate Education acquired NewSchool.
Ambow
In 2020, NewSchool was acquired by Ambow Education. It has since had one president and four interim presidents. In 2022, NSAD received a Notice of Concern letter from WASC Senior College and University Commission, its accreditor. Which expressed concerns about the school's finances, leadership, and dwindling enrollment. The school is also on Heightened Cash Monitoring by the US Department of Education.
Chiao-Ling Hsu became president in 2022.
According to Ambow Education's financial reports, the People's Republic of China (PRC) government has exerted "substantial influence" over their business.
In 2023, Ambow's other US subsidiary, Bay State College, lost accreditation and closed. Later in the year, Ambow Education began paying some employees in AMBO shares "to improve operating efficiency." Ambow plans another reverse stock split in February 2024 to avoid delisting from the New York Stock Exchange.
Academics
The school offers bachelor's and master's degrees in architecture, construction management, and design.Multiple Sources:
See also
- List of for-profit universities and colleges
- For-profit colleges in the United States
Comments