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?
Romero, Aldemaro Jr., "Uncertain futures for private colleges" (2018). CUNY Academic Works.