"In an email to staff and faculty, Chancellor Mike Haynie said SU did not hit its undergraduate enrollment target for next year. As a result the school will not bring in enough revenue to cover its spending.
“This a moment for urgency and purpose — not panic. Universities that respond with focused, strategic effort will emerge stronger. Those that do not will find their options narrowing," Haynie said in the email. “I am committed to ensuring Syracuse is in the former category.”
https://www.syracuse.com/syracuse-university/2026/06/syracuse-university-issues-financial-warning-as-admissions-slump-were-in-the-red.html
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A lot of these types of colleges- private, not particularly selective, are going to be in this predicament. We are seeing a piling in of applications to T50 colleges. If you are a private college whose cost of attendance approaches $95,000 per year and you are, for better or worse, perceived as being a mediocre/non-selective college, the competition to attract high achieving students is fierce.