Report argues private colleges have been improving their financial status but shows at least some small and poor institutions are struggling - Rick Seltzer, Inside Higher Ed

Time after time, the fiscal struggles of small private colleges are bursting into headlines. Institutions from the College of New Rochelle in New York to Mills College in California have decided to lay off faculty members this year in the face of steep budget challenges. Others have taken more drastic steps, such as Marygrove College in Detroit, which last week announced plans to end its undergraduate programs and become a graduate-only institution after the fall semester. The headlines come after a prominent 2015 prediction from Moody’s Investor Service of a coming uptick in the number of institutions closing, with small private colleges facing particular pressure. https://www.insidehighered.com/news/2017/08/14/report-shows-improving-finances-private-colleges-even-though-some-small-institutions