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Cazenovia College Announces Plans To Shut Down

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Students enrolled at Cazenovia College will have to find somewhere new to go by next fall.

Cazenovia College announced on Wednesday that it would be shutting down permanently after the 2022-23 academic year.

The College said in a statement that it’s working toward closure at the end of this academic year, and that events and classes would take place normally this spring.

“Cazenovia College has survived through many difficult and challenging times – the Great Depression, World War II, a major campus fire in 1959, and more, but the current financial challenges are more than the College can overcome,” officials said in a statement. “The business realities that led to this extremely difficult decision were accelerated by the global pandemic and skyrocketing inflation. The population of college-aged individuals has been and continues to shrink making it hard for small private colleges like Cazenovia to maintain enrollment levels.”

Officials said enrollment has declined by 40%.

 

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I heard on NPR this morning that they have around 560 students, which brings in an estimated $50 million to the area. This is gonna hurt up there. 

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Wow.  I have friends and family that went to that college.  What a shame.

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