In the last week, two Carolina private colleges closed their doors citing financial instability: Limestone University in Gaffney, S.C., and St. Andrews University in Laurinburg.

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The abrupt end of the private South Carolina institution follows a last-minute fundraising effort by the board that came up millions of dollars short. Limestone University survived the Civil War and the Great Depression, but protracted financial struggles have proven harder to overcome: After nearly 180 years, Limestone will cease operations next week. Officials announced the closure Tuesday night.

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