Economy's Troubles Could Hit Colleges Unusually HardProlonged 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... Copyright © 2009 by The Chronicle of Higher Education Subscribe | About The Chronicle | Contact us | Terms of use | Privacy policy | Help |