Education

More and More US Schools and Colleges Might Face Closures and Mergers

All You Need to Know About Right to Protest

Education plays an important role in our life. However, what would happen if these esteemed educational institutions suddenly experienced closure?

Mergers would’ve still set it up on a positive note, but the closure of an educational institution is bad in every aspect. There has been a massive decline in enrollment and other financial pressures that can even lead to more and more closures.

The best way, however, to solve such a problem is to join hands with another company and merge them for financial sustenance.

The closure of colleges is not new. It’s an age-old phenomenon that has been going on since 2010. The year 2010 saw a great uptick in the closure of colleges in the US. The private and non-profit schools mostly faced the brunt of it.

Now coming to 2019, over 91 private colleges in the US started to close. However, some of them did come up with a positive outcome. In some cases, some of the private colleges even went for mergers.

Needless to say, almost half the schools even stopped functioning fully after the COVID-19 pandemic. For students struggling to go to school regularly, Covid 19 pulled the final straw to it.

However, the pandemic even came to us as a boon. There were two major themes that primarily showed up in these closures: finances and new enrollments. This completely changed the scenario and boosted mergers in the later years.

With the shutting down of schools, it’s now become a problem for educational institutions to operate. Analysis suggests that 95% of the revenue of the colleges relies widely on tuition fees. If there is no proper enrollment, it therefore becomes difficult to generate revenue.

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Titas Ghosh Chaudhury
Titas is a lawyer with a penchant for writing. In her leisure hours she likes to read books and collect Pokemon plushies and stay updated with different law judgements.

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