More than a quarter of private colleges are at risk of closing, new projection shows
Huron Consulting Group says enrollment declines, rising costs and weaker revenue could force 442 schools to close or merge.
- Huron Consulting Group projects that 442 of the nation's 1,700 private, nonprofit four-year colleges are at risk of closing or merging within the next 10 years, with more than 120 institutions facing the highest risk.
- Demographic declines projected through at least 2041 and tuition costs rising more than 40% faster than inflation have created unsustainable financial pressure for private institutions nationwide.
- The University of Southern California sent pink slips to more than 900 employees and Stanford laid off at least 363, while Sterling College's closure illustrates the human toll as students scramble to find new institutions.
- Fewer than half of students at closing colleges continue their education, often losing earned credits, while local economies risk losing employment and spending pipelines, according to the State Higher Education Executive Officers Association .
- Eighty-Six percent of college leaders worry about long-term financial viability, according to the American Council on Education, signaling a broad industry shakeout will persist over the coming 10 years.
43 Articles
43 Articles
More than a quarter of private colleges are at risk of closing, new projection shows - Stateline Publications
More than a quarter of private colleges are at risk of closing, new projection showsMore than a dozen newborn lambs cavorted around a fenced-in yard beneath the scrutiny of their mothers and a few watchful students taking turns attending to them.The lambs’ successful births have been a needed bright spot at tiny Sterling College, which uses a 130-acre farm to teach agriculture and other disciplines in a part of northeastern Vermont so isolated i…
More than a quarter of private colleges are at risk of closing, new projection shows - Hillsboro Sentry Enterprise
More than a quarter of private colleges are at risk of closing, new projection showsMore than a dozen newborn lambs cavorted around a fenced-in yard beneath the scrutiny of their mothers and a few watchful students taking turns attending to them.The lambs’ successful births have been a needed bright spot at tiny Sterling College, which uses a 130-acre farm to teach agriculture and other disciplines in a part of northeastern Vermont so isolated i…
More than a quarter of private colleges are at risk of closing, new projection shows - The Mexico Ledger
More than a quarter of private colleges are at risk of closing, new projection showsMore than a dozen newborn lambs cavorted around a fenced-in yard beneath the scrutiny of their mothers and a few watchful students taking turns attending to them.The lambs’ successful births have been a needed bright spot at tiny Sterling College, which uses a 130-acre farm to teach agriculture and other disciplines in a part of northeastern Vermont so isolated i…
More than a quarter of private colleges are at risk of closing, new projection shows - Seward Independent
More than a quarter of private colleges are at risk of closing, new projection showsMore than a dozen newborn lambs cavorted around a fenced-in yard beneath the scrutiny of their mothers and a few watchful students taking turns attending to them.The lambs’ successful births have been a needed bright spot at tiny Sterling College, which uses a 130-acre farm to teach agriculture and other disciplines in a part of northeastern Vermont so isolated i…
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