University of the Arts abruptly announces June 7 closure, vows to help students transfer

PHILADELPHIA — The University of the Arts, an institution with roots more than a century and a half old in Philadelphia, has abruptly announced it will close in a week, citing declining enrollment and revenues as well as increasing expenses.

Officials at the university — which has offered programs in design, fine arts, media arts, music, dance and theater — said summer courses will be canceled and a new class will not be enrolled in the fall. They vowed to help continuing students transfer to other institutions such as Temple and Drexel universities and the Moore College of Art and Design.

“Unfortunately, however, we could not overcome the ultimate challenge we faced: with a cash position that has steadily weakened, we could not cover significant, unanticipated expenses,” they said. “The situation came to light very suddenly. Despite swift action, we were unable to bridge the necessary gaps.”

The University of the Arts was created from two century-old institutions, the Philadelphia College of Art — established n 1876 as part of the Philadelphia Museum of Art — and the Philadelphia College of the Performing Arts, which both changed names before eventually merging in 1985 and becoming a university two years later.

Source: Education Headlines (educationheadlines.net)

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