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Is Your Teen’s College Financially Safe? What Parents Must Know About College Closures and Risk

Is Your Teen’s College Financially Safe? What Parents Must Know About College Closures and Risk

Episode 133 Published 3 weeks, 2 days ago
Description

Key Takeaways for Parents:

Many colleges — especially small, private, non-urban schools — are under significant financial strain

Some colleges have closed with little warning, leaving students scrambling

Graduation rates below 50% are a major red flag

“Merit scholarships” are often tuition discounts, not actual awarded funds

Low-enrollment majors may be at risk of being eliminated mid-degree

Teach-out agreements exist but may transfer students to similarly struggling institutions

Financial health should be the first checkpoint when building a college list

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