Education: Private Colleges Cry Help!

Fewer kids, higher costs spur a scramble for funds

It might have been a scene from the activist 1960s. State police were called out to prevent violence as angry students jeered after being ordered to leave the premises. But unlike the protesters of the Viet Nam days, the demonstrators who struck last month at tiny Windham College in Putney, Vt., were battling to keep their school open, not close it down. They failed. After a long period of financial scrambling, the once prospering 27-year-old school was some $6 million in debt and unable to...

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