Colleges Likely To Close In 2024. Even more colleges will likely close in coming years as enrollment problems worsen by olivia sanchez january 12, 2024 january 11, 2024. The college had just 745 students in fall 2022, down from 990 a decade prior.

Much is being written about higher education’s dire straits, the headwinds they are facing, and the cliffs (enrollment, financial, existential) they are. In many instances, the shutting down of colleges can be traced back to the great recession of 2008, which has led to reductions in state funding.