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Is There a Right to Know a College Might Close?
Inside Higher Ed: Months after Mount Ida College’s sudden collapse rocked higher education-heavy Massachusetts, several arms of the state’s government are exploring regulatory changes to try to minimize future damage from colleges that run out of money.
Proposals vary, but the state’s governor, lawmakers and Department of Higher Education are all entertaining the idea of making colleges disclose financial troubles to regulators or students at an earlier date.
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