When a religious institution absorbs a for-profit college

Image:  Hilbert College is marrying outside the faith. The four-year Roman Catholic nonprofit college in New York announced Wednesday that it would acquire Valley College, a for-profit career institution with four sites in Ohio and West Virginia. Hilbert officials and outside experts believe the merger marks the first time that a nonprofit religious institution has purchased a for-profit college, though they note parallels in the health-care sector, where Catholic hospitals have merged...