Anonymous wrote:This is why most people only want to go to a T20 school.
This is the thinking of an ignorant person who doesn't want to make even minimal effort.
There are many, many (hundreds, perhaps thousands) of colleges in the US that are financially sound and in no danger of closing but are not "T20." I mean just to start, virtually every state flagship, plus in some states you have anywhere from 3 to 20 state universities with zero funding issues that are in no danger of closing.
But you have to do more than just run a single Google search for "top US News ranked colleges" in order to figure out which of the many smaller colleges and universities might have funding problems. Like when you put together a college list, you might want to actually spend a bit of time looking into the finances of each school or run a news search to look for red flags like layoffs, closure of programs, real estate issues, etc. This would really not be hard to do for a list of maybe 20-30 schools on your child's long list for college, to help rule out anything that looks questionable.
The idea that if you aren't going to a T20, your school is at risk for closure, is how you wind up with kids applying only to "top" schools and then freaking out when they don't get into any of the them, because admissions at T20 schools are a lottery for even many highly qualified applicants.
Sorry it turns out applying to college will take more than 20 minutes of thought.