Why is that BU ending? Because of money, of course, but in an unusual way. They can’t afford to keep up with the non-academic, student life demands of today’s undergraduate marketplace:
“We would need to have an athletic facility, a student center, and we would need to grow out residence hall population,” [Michael Bromberg, president] said. “We would need to spend a minimum of $40 million, and we have no reason to believe that would make us more competitive than we are today.”
That’s the traditional undergraduate market, for learners aged 18-22. Adult learners are whom BUS will continue to serve, presumably because they don’t need sports, a student center, and forms.
To return to some of this blog’s usual themes, today’s story brings together quite a few of them: demographics (shrinking number of teens), finance, and hard choices for American higher education.