New College Loses Accreditation

San Francisco Business Journal reported yesterday that SF's New College is officially kaput. The alternative school that offers degrees in Activism and Social Change and Women's Spirituality, among more traditional ones, had its accreditation yanked by the Western Association of Schools and Colleges. The 36-year-old institution has been on shaky ground since June 2007 when it began scrambling to overcome institutional and financial problems. Efforts to sell off property decreased the schools financial burden, but enrollment plummeted as word of the school's woes got around. Should New College decide to reapply for accreditation they will have to wait a year. As of this time, there is no statement on the school's Web site. Best of luck to students left in the lurch and RIP to the best spot on the Valenica corridor to go pee and get a free drink of water. Update: Here's a longer article from today's Chronicle. (photo from heatkernal) -Andy Wright