Reply to Best known schools most likely to close over next 10 years

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Occidental [/quote]

Agree. Oxy was $30 million in debt to Covid and has never recovered. Last year’s freshman enrollment dropped by a shocking 15%, for some reason, and couldn’t even be saved by waitlist candidates. https://www.theoccidentalnews.com/news/2025/11/05/college-adjusts-spending-and-admissions-tactics-in-the-wake-of-enrollment-decline/2916071. That may be because it’s selectivity is already high at 45%, has a shockingly low yield at 4% (College Vine) and less than 15% of alums donate. The school reacted by curtailing faculty spending, stop faculty hiring of replacements and brought in an admissions specialist who decided the best way to deal with the yield problem was to offer “Occidental commitment scholarships” if $15k to those ED students who accepted. But that costs money that the school doesn’t have. It’s also now reaching into the endowment (with board’s permission) to make up the 15% loss in full pay students. So when a school says they give a lot of merit, beware. Oxy’s doing it to drive up its yield numbers (and its $96k a year to boot!). Avoid.[/quote]

I’m surprised by their decline in student population (15% is a lot!), but it doesn’t look like they’ve run any deficits via their 990.

https://projects.propublica.org/nonprofits/organizations/951667177
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