Hampshire College Looking For ‘Long-Term Strategic Partner’
Hampshire College in Amherst, MA. Courtesy of Hampshire College
Hampshire College said Tuesday it is looking for what it calls a “strategic partner” to help ensure the viability of the institution going forward.
The announcement surprised alumni and current students, and left great uncertainty for those expecting to start at the school in the fall. Hampshire said it is still deciding whether to enroll a freshman class this coming year.
College President Miriam Nelson, who began the job in July, said long-range projections paint a less-than-rosy financial future for the school, which has a relatively small $52 million endowment.