Days of Reckoning
Recent closures make it more likely a trend of private college consolidation has started. Institutions feeling particular pressure are small colleges, those in the Midwest and Roman Catholic institutions located away from Catholic population centers.
By
Rick Seltzer
November 13, 2017
Saint Joseph's College has been selling assets since it closed in the spring. Its website now includes art of campus.
Those forecasting a wave of college closures find themselves with a glut of recent anecdotes to support their story.
It has not been a good fall for small, private liberal arts colleges. Last week, St. Gregory’s University in Oklahoma said it is closing at the end of the semester. The news came on the heels of a similar announcement by the Memphis College of Art in late October, an announcement that itself arrived just weeks after Grace University in Omaha, Neb., unveiled plans to shut down.
http://www.insidehighered.com/news/2017/11/13/spate-recent-college-closures-has-some-seeing-long-predicted-consolidation-taking