Wesley Acquisition Draws Near, Student Says DSU Won't Honor Thousands of Dollars in Scholarship

[TexasTowelie]

Wesley Acquisition Draws Near, Student Says DSU Won't Honor Thousands of Dollars in Scholarship Money


DOVER, De. - In just two days, Wesley College in Dover will be no more.

The small liberal arts college, which was founded in 1873, is being acquired by Delaware State University on July 1st. The acquisition has been about a year in the making, but a student who spoke with WBOC says that her and her fellow classmates are still in the dark about what comes next.

Abbie Sherman committed to Wesley College when she was just a junior in high school, and was rewarded over $60,000 in scholarship funds for her academics. She told WBOC that while she had toured University of Delaware and Wilmington University, Wesley was where she wanted to continue her education.

"I figured out this was home. It was so nice everybody so kind and I really loved it here," she explained Tuesday while standing outside campus.

After spending her first two years at the college, the special education major found out that Wesley would be acquired by Delaware State University. But during a March 2021 meeting, Sherman was informed that her scholarship would not be honored at DSU.

Read more: https://www.wboc.com/story/44210246/wesley-acquisition-draws-near-student-says-dsu-wont-honor-thousands-of-dollars-in-scholarship-money

[Tomconroy]

1. I think we may be witnessing

The end of the education 'bubble'. The price of college for maybe 50 years has grown insane, far outpacing inflation. At some point it had to come back to ground.

[MichMan]

2. Since tuition is significantly less, I understand Delaware State's position

I don't know much about Wesley, but many of these private colleges charge very high tuitions, but discount them with scholarships and grants to nearly the entire student body. Parents (and students) equate high tuitions with a perceived better education, so they are happy since they think they are getting a deal compared to a state school.

This very type of situation at a college in Michigan (Albion) was the subject of a news story earlier in the year. Wonder if that was the case with Wesley and the acquisition by Delaware State is ending that type of financial shenanigans and pricing it more honestly.