American colleges grew rapidly in the hothouse conditions that prevailed from the mid-’60s to roughly 2010. Since then, however, the environment has changed. Fewer young people are choosing college since the hype that a college degree was a great investment has been exposed as, shall we say, “misinformation.” Many colleges now find themselves in peril of going under.
In today’s Martin Center article, Chris Corrigan writes about this struggle. He focuses on a small HBCU in North Carolina, Saint Augustine’s University. He writes, “Saint Augustine’s University (SAU), a private Historically Black College and University (HBCU) in Raleigh, N.C., announced on December 11 that it had been removed from membership with the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), a first step toward the revocation of its accreditation. Although the decision was not final and will be appealed by the university, the accreditation action is the latest in a series of financial and institutional setbacks suffered by SAU in recent years.”
With enrollment dropping and now its accreditation in jeopardy, the future looks bleak for SAU. It has failed to produce audited financial statements since 2021, the immediate reason for its accreditation troubles.
Read more at National Review.
