POSTED INUNIVERSITIES, INC. Colleges are now closing at a pace of one a week. What happens to the students?
Jon Marcus
April 26, 2024
Most never finish their degrees, and alumni wonder about the value of degrees they’ve earned
It was when the shuttle bus stopped coming that Luka Fernandes began to worry.
Fernandes was a student at Newbury College near Boston whose enrollment had declined in the previous two decades from more than 5,300 to about 600.
“Things started closing down,” Fernandes remembered. “There was definitely a sense of things going wrong. The food went downhill. It felt like they didn’t really care anymore.”
The private, nonprofit school had been placed on probation by its accreditors because of its shaky finances. Then the shuttle bus connecting the suburban campus with the nearest station on the public transportation system started running late or not showing up at all. “That was one of the things that made us feel like they were giving up.”
