January 24, 2010
The Asahi Shimbun reports: 'As the population of 18-year-old students continues to slide, many precariously placed universities and colleges may fall victim to what experts describe as a grim process of elimination. The financial strain caused by under-enrollment has forced five four-year private universities to stop accepting new students from the coming school year in April. They will close after the current students have graduated. Only two other universities have put a stop to new admissions for similar reasons during the postwar period.
'According to the Promotion and Mutual Aid Corp. for Private Schools of Japan, 8 percent of private colleges and universities failed to fill quotas in fiscal 1998. The rate has soared to 46.5 percent this fiscal year. At 31 universities, enrollment was less than half the quotas. In fiscal 2008, 39 percent of schools suffered losses. More than half of small, regional universities with fewer than 2,000 students made losses.
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