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Finlandia University

The end of an era: Another long-established college closes due to financial problems

The historic, 181-year-old school could not outpace its costs despite recent enrollment growth.

Finlandia University is the latest private college to fall

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.

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