Eastern Nazarene College in MA Closing Due to Financial Woes
“We are committed to communicating with our stakeholders in a timely and transparent way to ensure those most affected by this transition have the information and support they need”
Another one bites the dust. There is much more of this to come.
Mass Live reports:
Eastern Nazarene College in Quincy to close doors citing financial issues
Eastern Nazarene College, a private liberal arts college in Quincy, announced on Tuesday that it is closing due to financial issues.
“We know this news will come as a shock and disappointment to many, especially those whose lives have been transformed by their affiliation with Eastern Nazarene College through its rich history,” Dr. David W. Bowser, board of trustees chair, said in a statement.
Eastern Nazarene College, which was founded in 1900, has “faced significant financial headwinds in recent years” with the board of trustees and multiple presidents pursuing alternatives to closure, according to the institution.
The college had 541 undergraduate and graduate students in Fall 2022 — more than 100 fewer students than the year prior and more than 150 fewer students than in 2020, according to the college’s website.
The college plans to continue to stay open until the end of the year with agreements with Gordon College, Mount Vernon Nazarene University and Trevecca Nazarene University to provide transfer options for students. The institution is also providing job-placement support and offering counseling resources for faculty and staff.
The board of trustees at the Christian institution voted unanimously to close the institution and transition it “into a new educational enterprise that will carry on ENC’s legacy of providing a transformational education that equips diverse students to lead and serve our world as agent of Christ’s love and truth.”
A spokesperson for the college didn’t immediately respond to a request for clarification on details of the new enterprise.
“While the outcome of this process is known, the process to get there remains fluid. We are committed to communicating with our stakeholders in a timely and transparent way to ensure those most affected by this transition have the information and support they need,” President Rev. Dr. Colleen R. Derr said in the college’s statement.
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Comments
Reverend DOKTOR? Sheesh. Shameless blasphemy. Jesus was from Nazareth, not Boston, and was humble.
Why would a board choose to shutter something just to “transition it?” Is it their way of cancelling debt and starting all over from scratch?
That concept was known as Jubilee. It probably made sense in the Era. No