Tuesday, December 15, 2020

Pandemic is just the latest blow for small colleges - Laura Krantz, Boston Globe

 Even before the pandemic shut its South End campus in March, the Benjamin Franklin Institute of Technology was in trouble. With little new revenue to offset mounting debt, the institution was in the midst of selling its historic building on Berkeley Street and exploring a merger with another local college. Now, nine months into the economic devastation the pandemic has wrought, Benjamin Franklin’s financial situation is even more precarious. Like other small, private colleges that depend almost entirely on tuition to survive, 

https://www.bostonglobe.com/2020/12/02/metro/already-edge-pandemic-has-made-it-even-harder-small-colleges/