National trend of universities, colleges closing down

Cardinal Stritch University in Fox Point announced that it will close at the end of this school year. President Dr. Dan Scholz cited fiscal realities, a downward enrollment trend, the pandemic and the need for more resources as reasons for the shutdown.
But Cardinal Stritch isn't alone. Dozens of schools across the country have shut down in the last three years.
"It was a new game, a new day, and this is true across the country. Higher education institutions' worlds were rocked," said UWM Chancellor Mark Mone of the impact the pandemic had on colleges and universities
Mone is also the founding chair of Higher Education Regional Alliance (HERA), which includes 18 institutions in southeast Wisconsin like UWM, Marquette, MATC, and Alverno.
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