Southeastern University, which has been an institution with an incredibly murky future since losing its accreditation last August, has finalized a long-negotiated deal with the Graduate School to reopen as a private institution specializing in continuing education. Southeastern’s new overlords will likely use the name and campus to offer a broader mission, while trying to maintain at least some of the utility that the university had previously provided to District residents and international students….

In case you hadn’t heard already, Southeastern University in Southwest D.C. lost its accreditation on Aug. 31, the Washington Post is just reporting now. A message on the school’s web site simply states, “Southeastern will not be offering a Fall Session. We are not accepting students at this time.” The college has been in visible trouble for years, with word of its shaky accreditation status coming down from the Middle States Commission on Higher…