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Growing number of small colleges close amid financial woes (Video)

Last week, the University of the Arts in Philadelphia announced it would permanently shut down on Friday. It marks the latest closure among smaller arts and liberal arts schools. CBS News reporter Zak Hudak examines why the closures are happening.

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Growing number of small colleges close amid financial woes (Video)

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Growing number of small colleges close amid financial woes (Video)

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Summary
Growing number of small colleges close amid financial woes (Video)
Title
Growing number of small colleges close amid financial woes (Video)
Description

Last week, the University of the Arts in Philadelphia announced it would permanently shut down on Friday. It marks the latest closure among smaller arts and liberal arts schools. CBS News reporter Zak Hudak examines why the closures are happening. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com