Saturday, February 2, 2019

Another Small College Will Close Green Mountain says it couldn't chart a path toward financial stability - Scott Jaschik, Inside Higher Ed

Green Mountain College announced Wednesday that it will close at the end of the spring semester. The news is likely to add to concerns about the health of small private colleges that don't have substantial endowments or large student bodies. New England institutions appear particularly vulnerable. Just last week, Hampshire College in Massachusetts announced that it was exploring partnerships and wasn't sure it would admit freshmen for the fall. Another Massachusetts institution, Newbury College, announced in December that it would close at the end of this academic year. And Mount Ida College, located outside Boston, announced in April that it would close. Also last year, Atlantic Union College, also outside Boston, announced that it would close.