By Jamie LaReau, Crain News Service
WEST PALM BEACH, Fla. (June 22, 2015) — Northwood University is selling its 31-year-old campus in West Palm Beach a year after shutting its residential campus near Dallas.
The nation's pre-eminent auto-retailing school — which also offers degrees in Aftermarket Management and Automotive Marketing and Management — also is restructuring its operations to improve revenue. The moves are in part because of recent poor financial results.
“This is part of a strategic system restructuring” that will include offering more online courses for a growing number of older students, more aggressively seeking corporate partnerships and increasing recruitment of students from high schools, said Bill Gagliardi, Northwood's associate vice president of marketing, communications and public relations.
The changes “reflect the changing environment in higher education,” he said. “Students are looking for many different routes to gain higher education.”