Sweet Briar College’s sudden decision to close may cause other struggling private colleges to do the same by creating a new paradigm for when a college should call it quits.
That’s the fear of Richard Ekman, the head of the Council of Independent Colleges, which represents many small private colleges across the country. He worries Sweet Briar's decision will influence other trustees.
"My hope is that it will not," Ekman said. "My hope is that trustees at most colleges will look at the possibility of trying other things. There are plenty of examples of colleges that have tried things and it's worked for them."
Read more at Inside Higher Ed: https://www.insidehighered.com/news/2015/03/06/will-sweet-briars-closure-prompt-college-leaders-rethink-their-fight-stay-open