Higher education used to be a reasonable transaction: I pay you money to teach me things that will help me get a job. Now, schools can no longer hold up their end of the bargain.
After months of closure discussions, the Board of Trustees voted to keep the college open. Now a financial lifeline may come in the form of a state loan. For months Birmingham-Southern College officials have warned of almost certain closure if the college does not receive a financial lifeline from Alabama lawmakers. But despite those warnings, the college’s Board of Trustees voted unanimously on April 5 to keep the private institution open, signaling either an act of faith or confidence in public officials.
Japan’s decades-long population decline has taken a dramatic toll on the higher education system, with severe consequences for society and economic growth — a situation now about to be faced by the United States.
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