A College Closes Every Week. How to Know if Yours Is in Danger of Shutting Down.

August 5, 2024 – In an article for USA Today about how to know if your college is in danger of closing, Shannon Vasconcelos, financial aid consultant at Bright Horizons College Coach discusses steps students and families can follow to get a sense of how well capitalized a school is, as well as how the FAFSA debacle has played a big role in many recent closures.

“Look at the net income over several years and see if it consistently has huge profits each year, whether it’s positive net income or negative, or in a downward trend,” Vasconcelos said. “If it’s losing money or if net income’s trending down, that can be a real red flag the finances are not working well at this college, and you might want to give it a little extra thought about enrolling.”

Read the full article here.