Another one bites the dust. There is more of this to come.
Cleveland.com reports:
Notre Dame College to close after spring semesterNotre Dame College announced that it will close at the end of the spring semester. The college has also worked out agreements so that students can finish their education at nine other colleges and universities.The South Euclid college, which first opened in 1922, cited financial challenges in its closing announcement. Notre Dame said it has dealt with declining enrollment, rising costs and significant debt — and that these challenges lead the college’s board of trustees to decide to close the institution.In a news release posted to the college’s website, Notre Dame said it has tried for years to address these issues. That included exploring a merger or acquisition with two other higher ed institutions — one of which was publicly identified as Cleveland State University.The school couldn’t close its financial gap and continue to operate independently, according to the release.Notre Dame specifically states in its announcement that it “will conclude its in-person academic instruction,” but didn’t make clear any plans for after the spring semester has ended.Students with more then 60 completed credit hours, which is roughly two years’ worth of classes, will be eligible for a “Teach-Out” program that lets them finish their current programs. These students will get guaranteed admission to the colleges and universities that are partnering with Notre Dame.In this program, all of the credits earned at Notre Dame would transfer and students would be able to finish in the same number of semesters as they would have at Notre Dame, according to the college. They would also face a comparable tuition cost at the new school.
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