"Hampshire College will finally shutter at the end of the fall 2026 semester due to the combined effects of declining enrollment, rising costs, fiscal instability and the financial headwinds affecting many small liberal arts colleges."
"The New England Commission of Higher Education placed the college on show cause status last month due to concerns about its fiscal resources, particularly a $21 million bond that officials had been unable to refinance."
"Though college officials had made some moves to avoid closure-including laying off employees and attempting, unsuccessfully, to sell land-those efforts were not enough to keep the doors open at Hampshire."
Hampshire College in Massachusetts will close after the fall 2026 semester due to declining enrollment, rising costs, and fiscal instability. Founded in 1965, the college faced scrutiny from its accreditor and was unable to refinance a $21 million bond. Despite efforts to avoid closure, including layoffs and land sales, the college concluded that an orderly closure was the best option. Nearly a quarter of private, nonprofit four-year institutions may face similar fates in the coming decade.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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