Business Services Industry

Lake Forest, Ill., College to Close.

Knight Ridder/Tribune Business News, February, 2004

Chicago Tribune Knight Ridder/Tribune Business News

Feb. 12--DePaul University will close Barat College next year, shutting down a 100-year-old campus on the North Shore that occupies more than 20 prime acres in Lake Forest.

The university's Board of Trustees took action Wednesday in a nearly unanimous vote that came less than a month after trustees were presented with a bleak assessment of the Roman Catholic school's future, bringing to a swift end a school known for its distinctive redbrick Old Main building and highly personal approach to education.

When trustees emerged from their closed meeting and announced the results of the vote, a conference room filled with Barat students and supporters broke into sobs.

John Staley,...

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