Headline News

Fitch Ratings Predicts More Closures, Mergers

In a report released Wednesday, Fitch Ratings predicted that more colleges will close, merge or significantly restructure operations due to enrollment declines and other market pressures. Colleges that are already struggling will likely continue to do so, the report forecast. Given the enrollment challenges at many institutions—which are likely to become more pronounced in the future due to a looming demographic cliff—the ratings agency noted that “revenue growth prospects are relatively limited for now” at small, nonselective private colleges and some public regional universities. Colleges that are tuition dependent are most at risk, the report suggested.
Read Full Article

More news from NAICU

  • Higher Ed Sounds Off on Proposed Compact
  • What does the end of Grad PLUS loans mean for higher ed?
  • ED Clamps Down on Student Voting Work
  • Study spells out impact of Pennsylvania private, independent colleges on their communities
  • Survey: Most Parents Still Want Their Kids to Go to College
  • Law or Medical School May Be Out of Reach for More College Students After New Federal Loan Limits
  • Back to Article Overview