By Rob DiRienzo | Fox News
MARLBORO, Vt. – Economists and higher education experts are warning small liberal arts colleges across the country to brace for the worst.
“Their business models are breaking,” said Michael Horn, who studies trends in the higher education industry. “Their costs continue to go up, the pressure to increase costs continue to go up, and yet the revenue just isn’t there.”
At the end of the spring 2019 semester, six institutions from Vermont to Oregon are expected to shut their doors due to financial woes, adding to a growing list of private liberal arts colleges failing to stay afloat.