With a number of colleges and universities shutting down in a mass numbers in recent years from Lon Morris in the NJCAA to Saint Joseph's Indiana in D2, we could see more schools in trouble.

Private Colleges Fail, In Debt

This article came out last year. 177 private colleges which 112 are not for profit are in danger. Several on the list already closed down like Dowling, Mount Ida, Saint Gregory's, Bacone and others. If a school have a 1.5 or below are failing. bacone had a 1.7 rating, but still closing. Here are some schools that could be the next ones to close which some do play D1 sports.

Adrian College 1.2
Alderson Broaddus 0.4
Alliant International -0.4 was a former NCAA D1 under another name.
Arkansas Baptist 0.3 HBCU junior College
Azusa Pacific 1.5
Belmont Abbey 1.6 on the edge
Bethany Kansas 0.6 NAIA
Bethel Indiana 0.7 NAIA
Bethel Kansas 0.6 NAIA
Bethel Tennessee 1.4
Caldwell 1.5
Carson-Newman 1.4
Chestnut Hill 1.7
Columbia College, SC 1.4
Ecclesia 1.3 NAIa
Emmanuel -0.9 D2 could be the next to close.
Finlandia 1.1
Green Mountain 1
Hannibal-La Grange 1.4
Hillsdale free Will Baptist in Moore, Oklahoma 0.8
Hiram 1.1
Howard
Huntington Indiana 1.7
Iowa Wesleyan 0.6
Kansas Christian 1.2
Kentucky Wesleyan 1.3
Keystone College 0.4
Lake Erie 1.3
MidAmerica Nazarene 1.3
Morthland 1.7 in a holding pattern to reformed the school.
Multumuh 0.8
Newberry 1.8
Notre Dame, Ohio 1.6
Ohio Valley -1
Ottawa Kansas 1
Paine 1.7
Pine Manor 1.2
Quincy 1.8
Rochester, Mich. -0.1
St. Joseph's, NY 1.9
Saint Martin's 1.6
Saint Xavier 1.7
Salem International 1.5
Selma 1.9
Shorter 1.3
Sierra Nevada 1.8
Southern Vermont 1.1
Spring Hill 1.4
Sterling 1.9
Thomas More 1.6
U. of Mobile 1.2
Westminster, MO. 1.1
Wheeling Jesuit U.1.5
Wilberforce 1.3

All this are private schools. This does not show how bad the public school's debts are. 3 is perfect record that a lot of d1 and D2 schools have. between 1.5 to 2.0 is on the border of failure. Below 1.5 gets a school a fail grade. A lot of schools that closed in recent years have a fail grade below 1.5 except for Bacone who had a 1.7. People who are saying Howard going to the Big South may have to rethink that they might have to go down to D2 or something. Usually a school's debt decides where a school moves to like Thomas More dropping back down to NAIA. There are chatter that Kentucky Wesleyan would be moving back down to NAIA. So far, only Howard at the D1 level seems to be borderline of moving towards rock bottom. This could be also the next big realignment talks that have to do with the small private schools who have major debt. I think Presbyterian should be on the watch list as well. They are the smallest in D1. Bacone had a similar size enrollment as Presbyterian,