Closing a college with dignity (part 3) (opinion)Financial liquidity is crucial for colleges, as running out of cash can lead to imminent closure plans.Universities must carefully manage endowment withdrawals to ensure long-term viability and avoid immediate financial crisis.
Philadelphia's University of the Arts Announces Sudden ClosingThe University of the Arts in Philadelphia is closing due to financial challenges, declining enrollment, and unanticipated costs.
What drove Pittsburgh Technical College to close?Financial mismanagement allegations led to Pittsburgh Technical College's closure, amid declining enrollment and internal conflicts.