News Summary
The decline in college enrollment across the United States is causing significant impacts on higher education institutions, leading to numerous closures, particularly in New York. Eighteen degree-granting colleges have either shut down or announced closures since 2016, with private colleges being particularly affected. In contrast, SUNY reports an increase in enrollment, highlighting the financial challenges faced by many smaller colleges as they adapt to shifting demographics and student numbers.
New York City – Declining college enrollment across the United States is significantly impacting higher education institutions, leading to closures throughout the nation. In New York alone, 18 degree-granting institutions have shut down or announced their closures since 2016, primarily due to dwindling student numbers.
The situation has become particularly dire for private colleges, with a notable uptick in shutdowns over the last two years; ten private colleges in New York have closed their doors, largely attributing their demise to decreasing enrollment rates coupled with a smaller pool of graduating high school students in the state. The College of Saint Rose, for example, is set to cease instruction at the conclusion of the 2023-2024 academic year, following its closure announcement earlier this year. The college’s cold case analysis program was previously attended by Jaelyn Staiano, who transferred to the University at Albany when her program relocated.
Other institutions are following suit. Cazenovia College was officially closed on June 30, 2023, due to financial concerns, while Wells College has announced it will cease educational activities at the end of the 2023-2024 academic year amidst significant financial challenges. Similarly, The King’s College in New York ceased educational activities effectively on August 31, 2023, with no students enrolled, and LIBI closed its doors on January 27, 2024.
In contrast to the trend seen in private colleges, the State University of New York (SUNY) has experienced a notable increase in enrollment for the first time in over a decade, as reported by SUNY Chancellor John King. The increase has transcended various sectors within SUNY, including community colleges, technical colleges, and university centers. King emphasized that while some institutions face financial difficulties due to a failure to adapt programs and staffing based on changes in enrollment, SUNY’s proactive measures appear to have yielded positive results.
With demographic shifts impacting the landscape of higher education, many smaller institutions that heavily rely on tuition revenues are feeling the strain. The closures of colleges are not merely isolated incidents but are symptomatic of broader issues challenging higher education in the United States, including budgeting, enrollment strategy, and market demands. As institutions adjust to this evolving environment, some have began contemplating mergers as a feasible strategy to maintain viability amidst declining enrollment numbers.
Likewise, colleges have been prompted to diversify their enrollment approaches, adopting alternative strategies to attract and retain students. Responsive actions are imperative in a time when the future of many institutions hangs in the balance as they grapple with financial uncertainties associated with shrinking student populations. Colleges and universities across New York and beyond are being urged to reassess their positioning to respond to the threats posed by the current demographic realities that led to a steady decline in enrollments.
The impact of these changes not only extends to the financial health of the institutions but also affects the communities they serve and the students seeking higher education. As they navigate these troubling waters of declining enrollment, the longer-term implications for the higher education landscape remain uncertain.
Deeper Dive: News & Info About This Topic
HERE Resources
McDonald’s to Hire 375,000 Workers This Summer
Rite Aid to Close All New York Stores Amid Bankruptcy
Additional Resources
- Spectrum Local News: College Closures in New York
- WBNF: New York College Closures
- University Business: Tracking College Closures
- New York Times: Future of School Closures
- Chronicle: When Gown Leaves Town
- Wikipedia: College Closure
- Google Search: New York College Closures
- Google Scholar: College Closures
- Encyclopedia Britannica: College
- Google News: College Closures
Author: STAFF HERE NEW YORK WRITER
NEW YORK STAFF WRITER The NEW YORK STAFF WRITER represents the experienced team at HERENewYork.com, your go-to source for actionable local news and information in New York, the five boroughs, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as New York Fashion Week, Macy's Thanksgiving Day Parade, and Tribeca Film Festival. Our coverage extends to key organizations like the Greater New York Chamber of Commerce and United Way of New York, plus leading businesses in finance and media that power the local economy such as JPMorgan Chase, Goldman Sachs, and Bloomberg. As part of the broader HERE network, including HEREBuffalo.com, we provide comprehensive, credible insights into New York's dynamic landscape.
