Small, Private Mass. Colleges Seek to Avoid Mount Ida's Fate

The day after Mount Ida College (MA) announced it was closing earlier this spring, President Barry Brown told an assembly on campus why. "Over the past year we have tried to raise dollars to manage the college going forward," he said. "Those dollars include scholarships to each of the people here that come from this school of $29 million a year."  Brown said almost no one at Mount Ida was paying full price. [Audio]