Dive Temporary:
- American College of Puerto Rico, with campuses within the cities of Bayamón and Manatí, will shut on the finish of the yr, in line with a press release 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 situations.
- Officers additionally mentioned that they had tried different methods to stay open, together with by merging with one other establishment, however have 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 yr — principally small, personal nonprofit faculties.
Schools that have been in a tricky monetary place earlier than the coronavirus pandemic could have survived longer due to an inflow of federal COVID-19 reduction {dollars} to each faculties 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 line with essentially the most just lately obtainable federal knowledge.
