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A significant number of small colleges in the US are experiencing financial difficulties, with over 440 at risk of closing in the next ten years. Many institutions have reportedly misused scholarship funds and endowments to cover operational expenses.
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A significant number of small colleges in the US are experiencing financial difficulties, with over 440 at risk of closing in the next ten years. Many institutions have reportedly misused scholarship funds and endowments to cover operational expenses.
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Alarming number of small US colleges are struggling to their bills — and misusing donations to stay open
Many small US colleges face financial difficulties and misuse of funds