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More than a quarter of private colleges at risk of closing

A Hechinger Report projection finds over a quarter of private colleges are at risk of closing. Sterling College is closing this semester, highlighting mounting strains in higher education.

Published Jun 12, 2026, 9:30 AM EDT | WFMZZ

A new projection from the Hechinger Report says more than a quarter of private colleges are at risk of closing. Sterling College is closing this semester, an example that underscores a broader crisis facing higher education institutions.