College To Purchase Shuttered Atlantic City Casino

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Maybe it will offer a class on how to play poker.
The Richard Stockton College of New Jersey, informally known as Stockton College, said Wednesday that it plans on buying the closed Showboat Casino in Atlantic City from Caesars Entertainment. Neither party has yet disclosed what the purchase price would be.
Stockton College plans to use the property has a satellite campus. Showboat closed in August.
“Our intent is to engage in a project that enhances Stockton’s educational growth, offerings and cost-containment while at the same time brings new educational opportunities to Atlantic City,” Stockton College President Herman Saatkamp said in a statement. “Because we are merely at the letter-of-intent stage and bound by a confidentiality agreement, it is premature for me to give out any additional information.”
Stockton College is a “public” university based in Galloway, New Jersey.
According to a report from NJ.com, Stockton College was ranked in the 20 worst public institutions in the nation in terms of average student loan debt in 2012. In the future, students at Stockton College won’t have to walk far to possibly snag some more debt.
Atlantic City has been in free fall this year, as a another casino will likely close next month. That would make five in 2014. State officials are trying a lot of things to keep it afloat.


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jbutler

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alternate article title: Building to House Different Predatory Business
 

bergs

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If I went to college in AC on the boardwalk, I would quite simply be stone cold dead by my Junior year.
 

jbutler

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If I went to college in AC on the boardwalk, I would quite simply be stone cold dead by my Junior year.

this just in: Trenton, NJ Elementary School Buys Crack House as Satellite Classroom
 

moojersey

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Necro thread I give you life! Just checking in. It is now Stockton University. Still a small podunk backwoods liberal arts college. This is my alma mater. Great education, very affordable, and great memories.
 

ushallnotraise

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Now The Taj Mahal just needs to get bought out by Primerica Insurance and the "It Works!" wraps people and everything wrong with the world will be within 5 sq miles of each other.
 

CHP TD

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Forgive me im from Australia

Does Atlantic city sell its chips? Are they any good or are they full of Ebola and i shouldn't want any?

That ebola statement from bergs still makes me giggle every time I think about it. God that was funny "Full of ebola" "don't want any" giggle
 

Craig D

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The state cashes them even after Casinos close

Forgive me im from Australia

Does Atlantic city sell its chips? Are they any good or are they full of Ebola and i shouldn't want any?

That ebola statement from bergs still makes me giggle every time I think about it. God that was funny "Full of ebola" "don't want any" giggle
 
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