Alva Review-Courier -

Here's why colleges are being forced to close their doors - and what they can do to stay open

 

November 8, 2019



Robert Massa, University of Southern California

(THE CONVERSATION) When Cincinnati Christian University became aware of its declining enrollment and dwindling tuition revenue in 2015, the university made a “series of bold bets” to stay afloat.

But the bold moves ended up being a series of strategic mistakes. The school started a football team, revised its mission and laid off faculty and staff to cut costs. It spent most of its $4 million endowment but was still $6 million in debt in 2018. This fall semester will be the school’s last.

Cincinnati Christian College is one of a growing n...



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