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University of Valley Forge in Pennsylvania to shutter
['Ben Unglesbee', 'Senior Reporter']
Higher Ed Dive - Latest News
The impact: On an FAQ page, UVF said it has “no current plans” to resume its academic operations.
Those are Messiah University and Eastern University, two fellow Pennsylvania institutions, as well as Southeastern University, in Florida.
Even back then, in fiscal 2021, UVF exhibited financial stress, including steep declines in net tuition revenue.
That could include resolving its debts — which came to $30.8 million in fiscal 2021 — and selling its property.
In fiscal 2021, UVF's total property was valued at $25.6 million.