Rising need and falling enrollment shut down another small private college
University Business
DECEMBER 20, 2022
There is $49 million in debt on the university’s property while deferred maintenance and compliance upgrades on the 65-year-old campus could cost more than $200 million. Leaders had developed a five-year business plan and secured long-term financing but the COVID-19 pandemic upended that work. Cazenovia administrators said. .
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