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A flurry of colleges and universities have shuttheir doors following the pandemic, and 2024 didn’t show signs of slowing down. Chances are closings will continue to uptick as highereducation braces for the expected demographic cliff. Centuries of serving highereducation erased.
The institution attempts to mitigate its growing budget deficit through a combination of solutions: selling assets, requesting loans, cutting staff and/or academic programs. Centuries of serving highereducation erased. Those that continue to face financial exigency may escape a closure through a merger or acquisition.
It’s worth the experimentation for a school to invest in at least a small part of a micro-credentialing program that they feel speaks to their strengths. This led him to the Salesforce ecosystem, where he worked for multiple award-winning ISV partners focused on nonprofits, NGOs, associations, and higher ed.
As skeptical as the Biden administration may be about the return on investment (ROI) for-profit institutions provide, one college may be a guiding post for highereducation at large, hoping to graduate more students with good career prospects and low financial baggage.
The institution attempts to mitigate its growing budget deficit through a combination of solutions: selling assets, requesting loans, cutting staff and/or academic programs. Centuries of serving highereducation erased. Those that continue to face financial exigency may escape a closure through a merger or acquisition.
However, the more relevant reason for many of these closures is the lifecycle and current operating environment of highereducation. Some of those mergers were huge ( Purdue acquiring Kaplan , Strayer acquiring Capella, National University System acquiring Northcentral ). We continue to see highereducation closures.
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