One US college closing per week: Analysis

Colleges in the United States are struggling financially, so much so that about one college is shutting its door every week on average this year, an analysis found.

On June 10, the board of trustees at Pittsburgh Technical College, or PTC, announced that it will cease instruction at the end of the spring quarter, effective Aug 9.

In its news release, the school said it has faced declining enrollment, market pressures and inflation in recent years due in part to the pandemic and changing views of higher education.