Private colleges are in peril, reports Stephen Eide on Education Next.
Enrollment is dwindling. Deficits are mounting. And more closures are looming: that’s the prediction of many higher-education experts, who are concerned about the future of small private colleges in America.
People are more skeptical about the marketplace value of a non-technical college degree.
Elite colleges with big endowments will be fine. Less-prestigious schools will not survive.
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