U.S. colleges are facing a laundry list of challenges that affect their financial viability, from higher operating expenses and downward enrollment trends to shaky state support, shriveling endowments and a crisis in public confidence. For many institutions, two other thunderclouds are adding to a gathering existential storm: crippling debt and deferred maintenance costs, according to some experts.
https://www.usnews.com/education/articles/look-for-these-red-flags-in-a-colleges-finances