1 Day
Source:
The Boston Globe
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Vermont college faces regulatory alert due to student drop
Saint Michael’s College in Vermont faces a financial crisis due to declining enrollment and surging deficits, with enrollment dropping nearly one-third over five years. The accreditation agency warned the college could lose its accreditation if financial issues aren’t addressed, and the college’s assets are nearing depletion. Despite recent efforts to cut expenses and increase fundraising, the institution remains under pressure to demonstrate long-term financial stability amid ongoing assessments.
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