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Cash Flow Issues

All articles tagged with #cash flow issues

education1 year ago

University of the Arts Faces Closure Amid Lawsuits, Protests, and Resignation

The University of the Arts abruptly announced its closure due to cash flow issues, leading to frustration from its accreditor, the Middle States Commission on Higher Education, which emphasized that the university failed to meet deadlines and provide necessary information. The commission revoked the university's accreditation and set a deadline for a "teach-out plan" to ensure students can complete their education or transfer.