State lawmakers want stricter oversight of private colleges after Mount Ida College in Newton closed unexpectedly last year. Newly proposed guidelines could make schools prove their financial stability and penalize colleges that choose not to comply. School leaders say the regulations will make things worse for small colleges. In Amherst, Hampshire College has chosen not to admit a full class this fall and hopes to merge with another institution to avoid closing its doors.
https://www.wbur.org/edify/2019/02/12/hampshire-college-future-guidelines