The higher ed bubble keeps growing.

The Tennessean reports:

Aquinas College cuts programs, up to 140 students must transfer

Aquinas College has announced plans to dramatically shrink its operations, cutting most of its employees and leaving more than half of the student body in need of a quick transfer.

In a statement released Friday morning, the college said that, starting this fall, it would only offer degrees in education. Other programs — including degree tracks for nursing, business and arts and sciences — will be eliminated, as will on-campus housing and student life activities.

As a result, about 60 of the college’s 76 employees will lose their jobs and as many as 140 of Aquinas’ 257 students will have to find another way to finish their degrees. School officials said the cuts were tied to longstanding challenges with funding and enrollment, but they added that scaling back might be the best way to ensure the college can continue operating for the long-term.

“Obviously this decision has been extremely painful,” Aquinas President Sister Mary Sarah Galbraith said in the statement. “We are deeply aware of the profound impact such a change will have on the faculty, staff and students at Aquinas, people whom we know and love. One of our greatest concerns is for them, and we are committed to do all that we can so that they will experience as little disruption in their lives as possible.”