Sweet Briar College, a liberal arts women’s college in Virginia, will close at the end of the academic year due to what it described as “insurmountable financial challenges.”
“The board closely examined the college’s financial situation and weighed it against our obligations to current and prospective students, parents, faculty and staff, alumnae, donors and friends,” said Paul G. Rice, chair of the Sweet Briar College board. “We voted to act now to cease academic operations responsibly, allowing us to place students at other academic institutions, to assist faculty and staff with the transition and to conduct a more orderly winding down of academic operations.”
The college pledged to help current students transfer to other colleges and universities.
