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Image: Iowa Wesleyan University is closing, citing rising costs, shifting enrollment trends, declining fundraising and the governor’s rejection of a proposal for federal COVID-19 relief funds. Now, as university officials and the governor trade blame, the college is set to close in May.
While it does not appear that student financial aid will be affected in the short term, all federal grants and contracts are certainly up in the air even though some of them enjoy legal protections. I had a sizable grant proposal under review there to study the woke topic of career and technical education, but I guess that isnt happening.)
The federalgovernment’s COVID assistance played a critical role in temporarily sustaining institutions, particularly smaller colleges, which otherwise faced the risk of closure. Crisis in Student Debt and Institutional Finance 2023 was marked by substantial financial challenges within higher education. 00:05:48] Deb: Yes.
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