Current:Home > MarketsUniversity of the Arts abruptly announces June 7 closure, vows to help students transfer -Elite Financial Minds
University of the Arts abruptly announces June 7 closure, vows to help students transfer
View
Date:2025-04-18 07:14:31
PHILADELPHIA (AP) — The University of the Arts, an institution with roots more than a century and a half old in Philadelphia, has abruptly announced it will close in a week, citing declining enrollment and revenues as well as increasing expenses.
University president Kerry Walk and the chair of the board of trustees, Judson Aaron, announced the June 7 closure in a notice posted Friday night on the university’s website, calling it “heartbreaking” and “deeply painful.” Separate town halls are planned Monday with students, faculty and staff, they said.
Officials at the university — which has offered programs in design, fine arts, media arts, music, dance and theater — said summer courses will be canceled and a new class will not be enrolled in the fall. They vowed to help continuing students transfer to other institutions such as Temple and Drexel universities and the Moore College of Art and Design.
Officials said University of the Arts had been in a “fragile financial state” like many institutions of higher learning following “many years of declining enrollments, declining revenues, and increasing expenses,” but had made progress on improving its position.
“Unfortunately, however, we could not overcome the ultimate challenge we faced: with a cash position that has steadily weakened, we could not cover significant, unanticipated expenses,” they said. “The situation came to light very suddenly. Despite swift action, we were unable to bridge the necessary gaps.”
Word of the closure initially came from the Middle States Commission on Higher Education, which announced the withdrawal of the school’s accreditation as of Saturday, saying it had been notified of the imminent closure Wednesday as the summer term started. School officials said that action came before they could announce the closure to the university community and they knew that “makes hearing the news of UArts’ abrupt closure even worse.”
The University of the Arts was created from two century-old institutions, the Philadelphia College of Art — established n 1876 as part of the Philadelphia Museum of Art — and the Philadelphia College of the Performing Arts, which both changed names before eventually merging in 1985 and becoming a university two years later.
The Philadelphia Inquirer reported that the university employs just under 700 faculty and staff who will ultimately be out of work. Walk told the newspaper the school opened in the fall with 1,149 students, down from 2,038 in 2013.
Earlier this year, the university’s faculty and administration reached a tentative agreement on the first contract in the school’s history after more than three years of negotiation. In January, another arts school, the Pennsylvania Academy of the Fine Arts, announced elimination of its bachelor’s and master’s of fine arts programs.
veryGood! (752)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Family found dead after upstate New York house fire were not killed by the flames, police say
- Donald Trump Speaks Out Nearly 2 Months After Assassination Attempt
- Florida State upset by Boston College at home, Seminoles fall to 0-2 to start season
- $73.5M beach replenishment project starts in January at Jersey Shore
- Can dogs eat watermelon? Ways to feed your pup fruit safely.
- Nikki Garcia Attends First Public Event Following Husband Artem Chigvintsev’s Arrest
- 2024 US Open: Here’s how to watch on TV, betting odds and more you should know
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Prosecutors balk at Trump’s bid to delay post-conviction hush money rulings
Ranking
- All That You Wanted to Know About She’s All That
- Jennifer Meyer, ex-wife of Tobey Maguire, engaged to music mogul Geoffrey Ogunlesi
- Wrong-way crash on Georgia highway kills 3, injures 3 others
- Suspect in custody after series of shootings left multiple people injured along I-5 near Seattle
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hands Down
- Gun shops that sold weapons trafficked into Washington, DC, sued by nation’s capital and Maryland
- Ben Affleck's Cousin Declares She's the New Jenny From the Block Amid Jennifer Lopez Divorce
Recommendation
B.A. Parker is learning the banjo
Angelina Jolie gets emotional during standing ovation at Telluride Film Festival
Mongolia ignores an international warrant for Putin’s arrest, giving him a red-carpet welcome
Inter Miami star Luis Suarez announces retirement from Uruguay national team
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Jennifer Meyer, ex-wife of Tobey Maguire, engaged to music mogul Geoffrey Ogunlesi
NFL hot seat rankings: Mike McCarthy, Nick Sirianni among coaches already on notice
4-year-old boy fatally shot inside a St. Louis house with no adults present