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PostPosted: Fri Jun 21, 2019 6:30 pm 
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Emerald Circle
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In recent years, (Newbury) had expanded its NCAA Division III offerings. A brand-new men’s lacrosse program, announced in 2017, had been slated to launch this past spring, with a head coach appointed last year. Many of its existing teams had been getting better and better, some making it to the New England Conference championships. This past school year’s freshman class was one of Newbury’s largest, too; the college had to hire more residence staff and rent land from a nearby college to accommodate the growth. Art exhibits, club posters, and event flyers covered the new student center’s walls. On his blog, Chillo touted Newbury’s new degrees, study-abroad programs, business partnerships, and construction projects.

Which is in large part why the closure announcement blindsided students. “When I got the email, I was like, What is happening?” said Humphries, the recent graduate. “When I sent it to my friends, in a group chat, everybody was like, What the heck? Like, how? What is going on? We were all just confused.”

Stefan felt similarly. “We were literally having our best year,” she said. “It was just on the up-and-up—and then, all of a sudden, it wasn’t.”


https://www.msn.com/en-us/money/careersandeducation/the-surreal-end-of-an-american-college/ar-AAD3TFG?li=BBnbfcN&ocid=spartanntp

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PostPosted: Fri Jun 21, 2019 8:03 pm 
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Emerald Circle
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Link doesn’t lead to the story.

So without knowing anything further I surmise it’s like showing up at your local fitness center one morning for your workout and finding it padlocked. It’s always about the money. It won’t take a Mensa member to learn the school was probably skating on the edge of insolvency with no endowment of any substance to rescue it. It doesn’t take much for the financial Ponzi scheme to unravel suddenly and with no warning.

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PostPosted: Fri Jun 21, 2019 8:56 pm 
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TUPF wrote:
Link doesn’t lead to the story.


It did earlier. Weird. Another link then:

https://www.theatlantic.com/education/archive/2019/06/what-its-like-when-your-college-shuts-down/591862/

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