Japanese University Files for Bankruptcy as Enrollment Drops

A Japanese university has filed for bankruptcy protection, citing a decline in its enrollment. The case, the first of its kind, could mark the start of a trend in Japan, where the birthrate -- and, along with it, the pool of college-age students -- has steadily shrunk for more than a decade.

Hagi International University, a private institution in Yamaguchi Prefecture, filed for protection from its creditors with the Tokyo District Court after it recruited only 42 students

Digital or Print Subscription

Already have an account? Log In Now.