May 23, 2017
MSB/Globe Served Constituents Well But Failed to Acknowledge Mistakes
When a college decides to close, the decision significantly affects the students, faculty, staff, and the communities it serves. At the end of December 2016, after several years of expanding, the Minnesota School of Business/Globe University discontinued most of its operation. The two for-profit schools are part of a family business owned and operated by Terry and Kathryn Myhre. The Myhre family bought Globe (founded in 1885) in 1972 and the Minnesota School of Business (founded in 1877) in 1988. For this blog post, the schools will be referred to as one entity—MSB/Globe.