Prediction That More Colleges Will Close

THE HIGHER EDUCATION
MONOPOLY IS CRUMBLING

Kevin Carey writes in The
New Republic: The historic stability of higher education is
remarkable. As former University of California President Clark Kerr once
observed, the 85 human institutions that have survived in recognizable form for
the last 500 years include the Catholic Church, a few Swiss cantons, the
Parliaments of Iceland and the Isle of Man, and about 70 universities. The
occasional small liberal arts school goes under, and many public universities
are suffering budget cuts, but as a rule, colleges are forever. I think that
rule is going to change, and soon.

From Carnegie Foundation