
The article argues that American colleges are facing a new financial reality in which long-standing economic pressures—from enrollment declines to rising costs and funding constraints—are forcing institutions to confront sustainability challenges that will reshape higher education.
More states are authorizing community colleges to offer bachelor’s degrees as a lower-cost alternative to traditional four-year universities, particularly in high-demand fields and to improve access for students who face financial or geographic barriers.
The article provides a list and analysis of private colleges currently considered most vulnerable to closure based on financial and enrollment pressures, highlighting institutions facing significant viability challenges in the current higher-ed landscape.
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43% of students graduate on-time (in 4-years) from private colleges (2023).
75% of students return to the same college for their second year (2023).
Over 500 private colleges spent more money than they made (2023).
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