Although we hear a lot about problems at public colleges and universities – budget cuts, enrollment issues, political interference – private colleges also have their share of concerns.
Of the more than 4,600 institutions of higher education in this country, a little more than 3,000 (almost two-thirds of the total) are private. Although there are a few exceptions, they tend to be small, at around 2,000 students or fewer.Yet they represent a significant number of the overall number colleges and universities. Obviously not all are created equal. Some of them have large endowments and can a word to be very selective in admissions due to the large number of applications they receive. Those schools do not face any immediate financial issues. But what about the others?