The Catholic College That Claimed The Education Dept. Pushed It To The Brink Of Closing — Is Closing

[Retrograde]

5. Sounds a little like a small college in Vermont

that's been in the news recently

Small colleges like this are remnants of the days when most schools were secular, and very selective in their admissions policies. They were competing mostly against other denominational schools, not the big state institutions that really saw their growth soar in the post-WWII era. There were a lot of these small religious schools in Western New York when I was growing up, and some of them survive by finding a special niche (or having a good basketball team), but it's not a guarantee. And if the president develops an edifice complex it's easy for a small school to incur a lot of debt quickly.