8 US colleges shut down in 2024, 2 more on the brink of closure in 2025: Here's why

In 2024, eight US colleges closed due to financial instability, demographic shifts, and evolving attitudes towards higher education. The 'demographic cliff' is expected to exacerbate this trend, with projections indicating up to 80 college closures by 2029. Two more institutions plan to close in 2025.