Goddard College to Close Due to Financial Struggles and Declining Enrollment
After 86 years, the Vermont-based progressive education institution will shut down at the semester's end.
- Goddard College, known for its unique approach to progressive education, faces closure after a significant drop in student numbers from over 1,900 in the 1970s to just 220 today.
- Financial challenges and a changing educational landscape have pushed the college to the brink of insolvency, prompting the decision to close.
- The college's board and administration have explored various strategies over the years but were unable to overcome the combined pressures of inflation, demographic shifts, and evolving educational preferences.
- Goddard students will be offered the opportunity to continue their education at Prescott College in Arizona, maintaining the same tuition rate, with additional partner institutions potentially announced soon.
- The closure is part of a broader trend affecting small colleges across the U.S., reflecting deeper systemic issues in higher education funding and demographics.