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The coronavirus is bringing an end to decades-old collegiate institutions whose financial struggles were further exacerbated by the global health crisis.
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One of them, Concordia College, announced Thursday that it will be closing its doors in fall 2021.
"This extremely difficult decision is the result of a deliberative, thoughtful and strategic process, informed by immutable business realities," school officials wrote in an announcement to students and faculty.
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However, "set within the context of a changing and broadly challenged higher education sector, the college's financial shortfalls were further accelerated by the global pandemic," officials continued.