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.
