Monday, June 29, 2015

Why Is It So Hard to Kill a College?

The Chronicle of Higher Education 
June 29th, 2015

Hundreds of colleges in the United States live on the financial margins. Typically small and private, they struggle to pay bills, recruit students, and raise money. Yet few of them fail.
As Sweet Briar College’s projected demise and unexpected revival illustrate, small colleges are a resilient bunch. There are about 1,600 private, nonprofit four-year colleges in the United States, but only a handful close each year. In 2012, the most recent year for which data are available from the National Center for Education Statistics, just two of those institutions shut down.

No comments:

Post a Comment

To eliminate spam comments at restricted to registered users. Additionally, all posts are moderated to further prevent spam and off topic discourse. We strive to post all on topic comments.