A Central Massachusetts Catholic college is facing an uncertain future after state regulators warned it may not have the resources to stay open.
The Massachusetts Department of Higher Education issued a notice stating Anna Maria College in Paxton may not have “sufficient resources” to remain in operation through the next academic year.
Significant financial pressures
The school, which first started in the 1940s, is home to about 1,400 undergraduate students. In a statement, the college acknowledged it is facing significant financial pressures that “reflect both longstanding structural challenges in the higher education sector and the particular impact of enrollment declines on a small, tuition-dependent institution.”
Read more at CBS News.
