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Wells College announces closure

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.

NY state budget slashes aid to universities, colleges with $750M endowments — including Columbia, NYU and Cornell

A little-known provision in the state budget approved by Gov. Kathy Hochul and the legislature  for the first time slashes direct aid to private universities and colleges that have endowments of at least $750 million.

I On Politics - Queens Gazette

I On Politics - Queens Gazette
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