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Another College Just Closed Its Doors. What That Means for Your Institution and the Future of Higher Education

Diverse: Issues in Higher Education

Broadly speaking, rather than institutions proactively addressing this “cost of attendance inflation” by reducing their operational costs, the financial livelihoods of students were placed on the back burner, and campus expenses increased while students racked up loans to the tune of $1.727 trillion in total as of the first quarter of 2024.