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school closure

King’s College will not close despite staff layoffs and cancelling fall classes

Additionally, King's College's accrediting body has stripped its accreditation, citing the school's failure "to demonstrate that it can sustain itself in the short or long-term."

“A win-win” merger: Trocaire College acquires Medaille University

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 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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