LIBERTY, Va., March 5 (UPI) -- Liberty University in Virginia, founded in 1971 by Jerry Falwell as Lynchburg Baptist College, has become the largest private university in the country.
The university now has more than 74,000 students, almost 62,000 of them studying on line, The Washington Post reports. At the end of 2012, Liberty reported more than $1 billion in net assets, 10 times the amount in 2006.