Failing Grades A Small College Hits The Skids
This is a strange time to shutter a campus. A record 15.1 million students will enroll in college this fall; meanwhile, the strong economy has swollen endowments. But prosperity isn’t uniform. While large, well-known institutions count their blessings, times are tough for many small, less-famous schools. Bradford College, a 197-year-old institution north of Boston, graduated its final class this summer after trustees found no escape from deep debts. And in July, after a desperate fight for survival, Trinity told students it would close....