The small private college in New Jersey is seeking philanthropic support and institutional partners to help keep its doors open. Absent some kind of intervention, the college may close before the end of the 2022-23 academic year. It’s unusual for a college to be so up front about its financial issues, experts say. Typically, such discussions occur behind the scenes with other institutional leaders who are interested in exploring a partnership. Subscription may be required to read this post.
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