Bryant & Stratton College, a private for-profit institution based in Buffalo., N.Y., plans to convert to a nonprofit, the college confirmed Thursday. The college’s owner, Bryant H. Prentice III, 80, donated the college to his family foundation, the Prentice Family Foundation. The foundation is a nonprofit that aims to stimulate economic growth and employment in western New York. For-profit conversions are often scrutinized. Critics argue for-profit institutions fail to see students...

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