Midstate College Announces Closure

WEEK-TV reported this week that Midstate College in Peoria, IL will be closing, "Local Colleges Taking Action after Midstate Closure." You can also see a video clip from WMBD-TV, "Midstate College to Permanently Close Next Month."

      

Midstate operated as a four year, primarily associates, private for-profit college and enrolled 226 students in its most recent IPEDS reporting.  It was accredited by the Higher Learning Commission.  The institution's web page currently offers additional information on the closure.

Midstate traced its roots to two commercial schools that opened in 1857 and 1865 in Peoria. These two schools merged in 1868 and were purchased by G.W. Brown in 1888. The institution was renamed Brown's Business College of Commerce.

Free trader-journal. (Ottawa, Ill.), 20 May 1919. 

Chronicling America: Historic American Newspapers. Lib. of Congress. 

It was acquired by W.L. Reed in 1913 and later sold again in 1960 when it was renamed Midstate College of Commerce. The name last changed in 1970 to Midstate College.

If you are interested in recent trends for closures, mergers,and acquisitions access College Closures since 2009 in the index at the right of any College History Garden page. There are separate tabs for non-profit closures, for-profit closures, and one for mergers and acquisitions. Each tab includes basic information for the institutions, i.e., Carnegie Classification, sector, accrediting agency, and the IPEDS unitid.