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The University of the Arts in Philadelphia is closing its doors for good in 2024, leaving 1,100 students without a degree and 700 workers without a job, the Philadelphia Inquirer reports.
According to the Inquirer, the school abruptly announced its closure Friday, saying it couldn't afford to stay open after losing its accreditation from the Middle States Commission on Higher Education.
In a statement, the school says it was forced to close because of "a cash flow issue" and a lack of state funding.
But the Inquirer reports the commission announced its decision to withdraw the school's accreditation on May 31, 2024, even though the school had promised to hold a town hall on May 31 and a virtual webinar on June 3.
In the days since, students have been protesting the school's closure on the steps of Hamilton Hall.
One student, who was accepted into the creative writing program at the school three years ago, writes that she started an internship with Philly Mag just the day before the school's announcement that it would shut down.
She says she petitioned to walk across the stage at commencement early to be able to receive her diploma, but was told the news didn't come from the school's president, nor anyone involved with the university.
Some students say they were told the school
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Social Entrepreneurship
Spotlight
Keeping Half the Profits Beats Non-profits for Social Impact
Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.
