Colleges and universities are getting some harsh lessons in economics, as financial and demographic realities collide with the loftier ambitions of academia. This problem isn't specific to Northeast Ohio, but it's hitting the region hard. Schools including Baldwin Wallace University, Cleveland State University, Lake Erie College and Lakeland Community College are facing financial challenges of varying degrees of severity. Another - Notre Dame College in South Euclid - already has crunched the numbers and called it quits.
