PRIVATE COLLEGES IN PERIL: FINANCIAL PRESSURES AND DECLINING ENROLLMENT MAY LEAD TO MORE CLOSURES

Financial pressure is leading to more and more colleges closing or considering closure. To those who work closely with the financial health of their financial institutions, closure is becoming a genuine possibility. Between 2016 and 2018, the confidence from private college’s CFO’s about their institution’s financial future dropped from 54% to 44%.
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