"'A memo to the campus from the president and board chair said, "The college continues to experience significant cash flow challenges. In multiple forums, President [William] Latimer has stated that the three courses of action facing the College of New Rochelle include closure and teaching out existing students, partnership or standing alone. At this point in time, it appears unlikely that the college will be able to continue operations beyond the end of the summer 2019 semester.'"
https://www.insidehighered.com/news/2019/02/25/college-new-rochelle-announces-it-will-likely-close-year