"… Enrollment of traditional-age students will likely slide further in many parts of the country over the next decade due to a projected drop-off in high school graduates. Competition for these students has led to increased tuition discounting at many private institutions. And Americans are increasingly doubting the value of higher education.
Those issues factored directly into the closures of many of the now-shuttered Vermont colleges. But in some cases, a constellation of other problems borne from attempts to address those woes hastened their decline." …