Current:Home > NewsUniversity of the Arts abruptly announces June 7 closure, vows to help students transfer-DB Wealth Institute B2 Reviews & Ratings
University of the Arts abruptly announces June 7 closure, vows to help students transfer
lotradecoin cryptocurrency exchange View Date:2024-12-26 03:11:20
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! (4)
Related
- Ryan Reynolds on his 'complicated' relationship with his dad, how it's changed him
- Travis Kelce says NFL overdoing Taylor Swift coverage
- Pakistan gives thousands of Afghans just days to leave — or face deportation back to the Taliban's Afghanistan
- Oklahoma woman sentenced to 15 years after letting man impregnate her 12-year-old daughter
- Police identify suspect in break-in of Trump campaign office in Virginia
- A homeless man is charged with capital murder and rape in the death of a 5-year-old Kansas girl
- A fast-moving monkey named Momo has been captured after being on the loose for hours in Indianapolis
- Man arrested for murder of woman beaten to death in 1983
- Wildfires are growing under climate change, and their smoke threatens farmworkers, study says
- Clorox ransomware attack which caused product shortages linked to earnings loss
Ranking
- Emily in Paris' Ashley Park Reveals How Lily Collins Predicted Her Relationship With Costar Paul Forman
- India says it’s firm on Canada reducing diplomatic staff in the country but sets no deadline
- These associate degree majors lead to higher incomes than a 4-year bachelor's. Here are the top programs.
- New Zealand routs England in Cricket World Cup opener to gain measure of revenge for 2019 final
- Charlie Sheen’s Daughter Sami Sheen Undergoes Plastic Surgery for Droopy Nose
- Accountant’s testimony sprawls into a 4th day at Trump business fraud trial in New York
- This company has a 4-day workweek. Here's its secret to making it a success.
- Nearly $300M Virginia legislative building set to open to public after delays
Recommendation
-
Jackson City Councilwoman Angelique Lee resigns after federal bribery charge
-
Pennsylvania House passes legislation to complete overdue budget. Decisions now lie with the Senate
-
Bidens' dog, Commander, removed from White House after several documented attacks on Secret Service personnel
-
Which team faces most pressure this NHL season? Bruins, Lightning have challenges
-
Wildfires are growing under climate change, and their smoke threatens farmworkers, study says
-
Tom Hanks: Don't fall for AI version of me promoting dental plan
-
Biden says he couldn’t divert funds for miles of a US-Mexico border wall, but doesn’t think it works
-
These major cities have experienced the highest temperature increases in recent years