Century-Old College of Saint Rose to Close in May 2024 Due to Financial Struggles
Officials plan to assist students, faculty, and staff during the transition while local government leaders aim to 'reimagine' the 46-acre campus.
- The College of Saint Rose, a century-old Roman Catholic College in Albany, New York, will close in May 2024 due to financial struggles.
- The college's board of trustees voted to close the school, stating it does not have the financial resources to operate for the full 2024-2025 academic year.
- Efforts to ease the transition for students, faculty, and staff are underway, including assistance in job searches and helping students graduate or continue their studies elsewhere.
- The college, which was founded in 1920 and became fully co-educational in 1969, has struggled with maintaining enrollment and balancing its books, a situation exacerbated by the coronavirus pandemic.
- Albany Mayor Kathy Sheehan and Albany County Executive Daniel P. McCoy have expressed their sympathy and concern, stating they will work with college officials, developers, and government leaders to 'reimagine' the college's 46-acre campus.