March 28, 2008

Economy's Troubles Could Hit Colleges Unusually Hard

By BRAD WOLVERTON

Prolonged recession might force some private institutions out of business, experts say

Financial experts everywhere agree that the economy appears headed toward a recession. The question is how long it will last and how deep it will be.

The last recession, in 2001, lasted less than a year. Most sectors, including higher education, shrugged it off.

During lengthier downturns, colleges have often benefited from increased enrollments. What better place than an ivy-lined

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