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22 hours ago

Why colleges are going out of business

Students outside the Hampshire College library in Amherst, Massachusetts, on November 28, 2016. | Joanne Rathe/The Boston Globe via Getty Images Higher education is in crisis. Last week, Hampshire College — a private liberal arts school in Amherst, Massachusetts — announced it will shut down after the fall 2026 semester. Founded in 1965 to “reimagine liberal arts education,” Hampshire counts documentary filmmaker Ken Burns and actors Lupita Nyong’o and Liev Schreiber among its most notable alumni. But Hampshire is just the latest casualty in a broader trend. There are roughly 4,000 c...

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22 hours ago
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