Last year, Moody’s Investor Services reported college closures across the nation had reached 11 per year between 2015 and 2017. That was more than double the average during the previous decade. Moody's predicted closures would continue to increase, particularly in the Northeast and Midwest. Massachusetts is home to 146 post-secondary institutions: from Harvard and UMass Amherst to tiny for-profit programs that teach cosmetology and massage. That’s one for every 47,000 of the state’s residents. All of those institutions come with histories, strengths and weaknesses of their own. But nearly one in five institutions are like Mount Ida in some important respects.
https://www.wbur.org/edify/2019/10/21/small-colleges-big-challenges