Colleges across the United States announced hundreds of layoffs and buyouts in April. Budget deficits, state funding reductions, and enrollment losses drove these decisions. Hampshire College and Anna Maria College are closing and laying off hundreds of employees. The University of Maryland and University of Wisconsin also plan significant job reductions. Syracuse University and East Carolina University are eliminating programs and offering faculty buyouts.
https://www.insidehighered.com/news/business/cost-cutting/2026/05/04/college-closures-contributed-deep-cuts-april