Number of Colleges in Distress Is Up 70% From 2012
- More schools see falling enrollement and tuition revenue
- Small private, public colleges most at risk, report shows
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The number of distressed institutions in higher education is up 70% in the US compared to a decade ago, according to a report by Bain and Co. Inc.
About 910 schools met at least one risk indicator like declining tuition revenue or number of applications, the report released Monday said. About 364 schools met four or more indicators.