Dive Temporary:
- American College of Puerto Rico, with campuses within the cities of Bayamón and Manatí, will shut on the finish of the 12 months, according to a statement from establishment officers.
- The college attributed the choice to Puerto Rico’s sluggish restoration after hurricanes Irma and María hit in 2017. It additionally cited fewer highschool graduates enrolling and customarily poor financial circumstances.
- Officers additionally mentioned that they had tried different methods to stay open, together with by merging with one other establishment, however had been unsuccessful.
Dive Perception:
The U.S. economic system, together with a shrinking pool of conventional highschool graduates, has spurred the demise of a number of establishments this 12 months — principally small, personal nonprofit schools.
Schools that had been in a troublesome monetary place earlier than the coronavirus pandemic could have survived longer due to an inflow of federal COVID-19 aid {dollars} to each schools and native and state governments, consultants have mentioned. Nevertheless, that cash has since run dry.
American College of Puerto Rico enrolled 550 college students throughout its two campuses in fall 2021, in keeping with probably the most not too long ago accessible federal information.
