Damages from two $100 billion hurricanes have finally sealed the fate of this 60-year-old private university, which was unsuccessful in its efforts to bring a merger to fruition.
The USDA is taking out risky loans worth tens of millions of dollars to colleges and universities to prevent rural communities from becoming higher education "deserts," according to The Hechinger Report.
"We're about to fall off that cliff," said Higher Education Co-Chairman Gregg Haddad referring to the reliance the state system placed on one-time federal aid investments, such as the American Rescue Plan.
After the announcement that Cazenovia College would be closing permanently after the spring semester, the college has been taking steps to move forward with the closure. Last week they had a job fair for the school’s employees, and now the college’s campuses have been listed on a real estate website. The listing, on A&G Real Estate Partners, has […]
Citing pandemic issues and poor enrollment numbers, Buffalo-based Medaille University marks another private school in the Northeast too financially strapped to continue operations. Instead of closing, however, they're merging.
The school's enrollment—and consequently, its revenue—has suffered from a dwindling pool of local high school students and a lack of interest among those graduates for a college education, according to the Board's letter.
To curb the deepening student loan crisis, the Department of Education aims to impede the abuse of federal funding at for-profit colleges by forcing school leaders to assume personal liability for unpaid institutional debt.
Holy Names University had "struggled to remain" open as administrators sought a merger as they grappled with rising operational costs, declining enrollment, and students' increased need for financial aid.
Many were set to graduate and get certifications to work in the medical field, but now they're down thousands in tuition money with nothing to show for it.
Many were set to graduate and get certifications to work in the medical field, but now they're down thousands in tuition money with nothing to show for it.
