Would you like to receive notifications on latest updates of the following headlines?

Varsity To Shutdown Friday Over Lost of Students, Accreditation

POSTED ON June 5, 2024 •   Inflation      BY Benedicta Bassey
Philadelphia’s historic University of the Arts/ Photo credit: Washington Times

Philadelphia’s historic University of the Arts will on Friday shut down indefinitely following declining enrollment, budget shortfalls and the recent loss of its accreditation.

The campus, founded in the 1870s in the city’s central business district, is the longtime home of feminist cultural critic Camille Paglia and one of the oldest arts and music colleges in the country.
Notable alumni include Hollywood filmmaker Joe Dante, the director of “Gremlins.”

In a statement on Wednesday, the university officials said the board of trustees approved the closure Saturday after learning the school would lose its accreditation. 

Accreditation certifies that a college meets academic standards recognized by the Education Department.

The President and Board Chairman, Judson Aaron said, “Like you, we are struggling to make sense of the present moment. But like many institutions of higher learning, UArts has been in a fragile financial state, with many years of declining enrollments, declining revenues and increasing expenses.”

The statement said officials would help returning students transfer to Temple University, Drexel University, Moore College of Art and Design and other institutions.

According to the UArts website, the private university had 1,300 students and 77 full-time faculty members in 2022. Programs include music, theater and art.

The news comes as high inflation, falling application numbers and the end of pandemic stimulus funding have sparked a surge in closures among private liberal arts institutions the past year.
In Philadelphia on Monday, some UArts students protested the closure, prompting administrators to cancel a 4 p.m. question-and-answer session.

“As the situation continues to unfold rapidly, we cannot adequately answer your questions today,” the university said in a statement released minutes before the session.

On Tuesday, the UArts website directed students, faculty, alumni and others to submit their questions through a web form.

The Middle States Commission on Higher Education said that it withdrew the university’s accreditation on Saturday because administrators failed to give adequate notice of the closure or provide a plan for students.

READ ALSO
Inflation, low productivity threaten economy – NESG
BY Abiodun Saheed Omodara January 4, 2025 0

The Chairman of the Nigerian Economic Summit Group, Niyi Yusuf, has called for immediate sectoral re...

READ ALSO
NCC unlikely to approve 100% tariff hike - Karl Toriola
BY Abiodun Saheed Omodara January 3, 2025 0

Telecommunication operators have requested a 100 percent increase in their tariffs, as revealed by M...

READ ALSO
ACCI applaud business community for overcoming economic challenges
BY Abiodun Saheed Omodara January 2, 2025 0

ABUJA, Nigeria (NAN) - The Abuja Chamber of Commerce and Industry (ACCI) lauded the resilience of th...

READ ALSO
Inflation easing in 2025- LCCI
BY Abiodun Saheed Omodara January 2, 2025 0

The Lagos Chamber of Commerce and Industry (LCCI) is optimistic about a potential decrease in prices...

READ ALSO
Telcos threaten partial shutdown of service over tariff review
BY Abiodun Saheed Omodara December 30, 2024 0

LAGOS,Nigeria(NAN)- The Association of Licensed Telecommunications Operators of Nigeria on Monday sa...

READ ALSO
No regret removing fuel subsidy- Tinubu
BY Abiodun Saheed Omodara December 24, 2024 0

ABUJA, Nigeria - President Bola Tinubu, on Monday, said he had no regret removing fuel subsidy. The...

READ ALSO
UK regular pay growth slows, offering Bank of England hope for easing inflation pressures
BY ROCKETPARROT.com staff November 12, 2024 0

LONDON, Nov. 12 – British wage growth excluding bonuses hit a two-year low in the third quarte...

READ ALSO
Reps warn of unrest as FG, Labour meeting deadlocked over fuel price
BY Abiodun Saheed Omodara October 17, 2024 0

The House of Representatives on Wednesday cautioned that the recent hike in fuel pump prices could t...

OUR CHANNELS:

EU assures continue support for Nigeria’s democracy
BY Abiodun Saheed Omodara January 30, 2025 0

ABUJA – The European Union (EU) has reaffirmed its unwavering commitment to strengthening...


Tinubu Returns to Nigeria From Tanzania
BY Abiodun Saheed Omodara January 30, 2025 0

President Bola Tinubu has returned to Abuja following his attendance at the Africa Heads of State En...


Obi emphasises focus on Nigerians' welfare, seek coalition for 2027 elections
BY Abiodun Saheed Omodara January 30, 2025 0

Labour Party presidential candidate Peter Obi has expressed his willingness to a coalition ahead of...


FAAN ease traffic congestion, suspends access gate fees at Abuja Airport
BY Abiodun Saheed Omodara January 28, 2025 0

The Federal Airports Authority of Nigeria has announced the suspension of all access gate fees at th...


Obasa challenges removal as Speaker, Denies corruption allegations
BY Abiodun Saheed Omodara January 27, 2025 0

The impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has faulted his removal...


Court orders woman to pay N150, 000 for boyfriend emotional distress
BY Abiodun Saheed Omodara January 27, 2025 0

A Magistrate Court in Ilesa, Osun State, has ordered Rhoda Adu to pay N150,000 in damages for not vi...


U.S. halts all foreign aid, exempt Israel, Egypt amid 'America First' Policy Shift
BY Abiodun Saheed Omodara January 30, 2025 0

USA (AFP) - The United States, the largest donor globally, halted nearly all foreign aid on Friday,...


NELFUND reaffirms commitment to affordable education
BY Abiodun Saheed Omodara January 28, 2025 0

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has reiterat...


Edo report eight Lassa Fever deaths, 56 cases
BY Abiodun Saheed Omodara January 26, 2025 0

Edo State has reported 56 cases of Lassa Fever and eight fatalities from December 30, 2024, to Janua...


Olamide teases fans with new project announcement, After Idan Buruku
BY Abiodun Saheed Omodara January 25, 2025 0

After thrilling fans with "Idan Buruku," an electrifying freestyle that takes listeners back in time...


More Articles

Load more...

Menu