The small, private institution in New York will shut down at the end of the semester. It’s the latest blow to the Empire State’s higher education landscape. After 156 years, Wells College in New York will close next month. In announcing the closure Monday, college officials echoed the decision made by other struggling institutions across the nation, citing insufficient revenues for supporting “long-term financial stability” at Wells.
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State weighs changes that would let struggling private colleges team up with out-of-state institutions. New York is poised to make it easier for its private nonprofit colleges to merge with institutions in other states. Some higher ed experts describe the proposal as a no-brainer at a time when demographic changes are taking their toll on small, nonwealthy colleges nationally. But others say the changes could bring new competition into an already cutthroat market.
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D’Youville University plans to open a new $175 million College of Osteopathic Medicine on its West Side campus, expanding its focus on the health professions with a program that it