National Catholic Register

One Catholic College Temporarily Closes, But Another Springs Up

February 17, 2017

Last week, Saint Joseph’s announced that it would temporarily shut down its main campus with hopes of erasing its debt and starting over again. According to news reports about the college’s needs, dwindling endowment and inability to turn assets into cash, it seems the college has a very steep climb to get back on its feet—and it’s already facing a possible loss of accreditation. Coincidentally or providentially, in the very same week, Thomas Aquinas College of Santa Paula, Calif., announced that it would be opening a new campus in Northfield, Mass., in the fall of 2018.
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