AMHERST, Mass. (AP) — A Massachusetts college is hoping to merge with another institution well before it reaches a financial crisis.
Hampshire College says it has a balanced budget and a healthy endowment, but it faces the same pressures that have forced other small schools to close.
To avoid that fate, the Amherst school announced Tuesday it’s looking for a “strategic partnership” to support its future.
President Miriam Nelson says the school is starting the process while it still has time.
Officials are weighing whether to enroll a new class for next fall. They plan to decide before Feb. 1, the planned date to issue admission decisions.
The private college opened in 1970 and enrolls around 1,300 students.
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