Is Your Teen’s College Financially Safe? What Parents Must Know About College Closures and Risk
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Is Your Teen’s College Financially Safe? What Parents Must Know About College Closures and Risk
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Key Takeaways for Parents:
Many colleges — especially small, private, non-urban schools — are under significant financial strain
Some colleges have closed with little warning, leaving students scrambling
Graduation rates below 50% are a major red flag
“Merit scholarships” are often tuition discounts, not actual awarded funds
Low-enrollment majors may be at risk of being eliminated mid-degree
Teach-out agreements exist but may transfer students to similarly struggling institutions
Financial health should be the first checkpoint when building a college list
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