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Which Colleges Always Lose Money?

Robert Kelchen

By far, the most popular piece on my blog in 2024 (representing nearly one-fourth of all traffic to my website) was a fairly quick look at which private colleges consistently lost money over the last decade.

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Declining enrollment: Private universities face tough decisions - Megan Carpenter, Spectrum News

Ray Schroeder

With the conversation surrounding affordability of higher education nationally, private colleges in Wisconsin are taking a closer look at how to recruit students. With the abrupt closure of Cardinal Stritch this past May, they are also looking at their own finances and areas of concern.

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Iowa Wesleyan University announces closure

Confessions of a Community College Dean

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.

Finance 125
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Soaring costs: Here’s how much college tuition has increased in 8 notable states

University Business

In March 2024, NBC 10 Boston reported that two Massachusetts colleges, Wellesley and Boston University, now have annual student costs exceeding the $90,000 barrier. While both of these institutions may be private, the cost of college tuition is noticeably increasing across the U.S. for both public and private universities alike.

Finance 52
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Are latest layoffs at this university a first look at the FAFSA fiasco’s consequences?

University Business

Lindenwood University recently announced it’s letting go of 12 staff members and two faculty members and may decide not fill up to 50 positions in order to help cut its operating budget by 10%, St. Other mid-sized private universities have made similar moves. Louis Post-Dispatch reports.

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Natural disasters, lack of interest leads to the closing of American University

University Business

The slog of private universities facing closure is extending beyond America’s mainland. The Board of Trustees of American University of Puerto Rico officially announced it is shutting down operations. The school will carry out its summer programs regularly until the closure.

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President’s corner: Enrollment guru Mark Lombardi on the terrific power of social media

University Business

From jumpstarting the private university’s cutting-edge digital infrastructure to spearheading a successful workforce development program , Lombardi’s only unfinished accomplishment is not being able to oversee the development of new residential halls to contain its expanding student body.

Media 102