Quarter of US colleges could close in the coming years; university president warns of major transformation

A university president is warning that up to a quarter of colleges and universities in the United States could close in the coming years.

Arthur Levine, president of Brandeis University in Massachusetts, said during a recent conversation at the American Enterprise Institute he expects between 20–25% of American colleges and universities to close their doors.  

"Basically, what’s happening is that higher education is undergoing a transformation," Levine said.

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