EY-Parthenon report cited in Education Dive

In the article “Iowa Wesleyan University may close due to financial troubles,” Education Dive highlights the potential closing of Iowa Wesleyan University and potential causes of its financial troubles.

Schools like Iowa Wesleyan can be vulnerable to enrollment declines because they often don't have sizable endowments to help make up for lost tuition dollars.

The article cites the EY-Parthenon report, Strength in numbers: Higher education collaboration, which notes tuition makes up more than half (56%) of the revenue at private nonprofit colleges with fewer than 5,000 students, while it only accounts for 42% of revenue at larger universities.

Read the full article here.