In his book “The College Stress Test,” Robert Zemsky of the Graduate School of Education predicted that 10% of private, liberal arts colleges in the U.S. were likely to close within the next five years. Now, with the pandemic’s damaging effects on school finances, his prediction has changed to 200 schools in the next year alone.
https://www.wsj.com/articles/coronavirus-pushes-colleges-to-the-breaking-point-forcing-hard-choices-about-education-11588256157 The Wall Street Journal