Colleges nationwide announced hundreds of layoffs and buyouts in April. Many institutions face budget deficits and funding challenges. Hampshire College and Anna Maria College are closing, leading to significant job losses. Other universities like Maryland and Wisconsin also plan job reductions. These cuts stem from state funding reductions, enrollment declines, and program reviews.
https://www.insidehighered.com/news/business/cost-cutting/2026/05/04/college-closures-contributed-deep-cuts-april