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‘We are not hospice’: The race to get faster in predicting college shutdowns

 

Higher Ed Dive – Latest News

The Higher Learning Commission is working to quickly identify signs of financial distress in colleges to potentially prevent sudden closures and protect students and stakeholders. They are examining variables such as low financial health scores, decreases in staffing, falling cash reserves, and leadership turnover. Cash flow is a major factor in college closures, and communication about institutional finances is crucial for all stakeholders. Accreditors are also trying to be more proactive in identifying distress signals from colleges….

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