Wells College, a private college in Aurora since 1868, has announced it will close its doors at the end of the current semester. The college is citing financial difficulties and declining enrollment as reasons the college cannot stay afloat. According to U.S. News and World Report, Wells College had a total undergraduate enrollment of 342 in […]
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.
Small, private institutions that lack "brand name," competitive edge and financial aid resources are in danger of closing around the country. One expert weighs in on how these schools can get their act together.
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.
Market conditions were "insurmountable" for Cazenovia College, which faces a deficit of several million dollars after a 40% decline in enrollment and investments made to cope with COVID.
