Nathaniel Hawthorne College — A Fly-In College Grounded by $4 Million in Debt

Nathaniel Hawthorne College, a small private college on the old Flint Estate in North Branch, Antrim, New Hampshire, founded in 1962, graduated its last class in April 1988 and was dissolved into bankruptcy that same year, after twenty-six years. It was an unusual institution even by the standards of the small private colleges that dot rural New England: a liberal-arts school that had bolted on a full-scale flight academy, with its own 485-acre campus, a 3,500-foot grass-and-gravel runway in West Deering, and a fleet of nineteen aircraft serving more than three hundred aviation students at its height. When it died, it left behind not a quad but an airfield, and the airfield outlived the college.

The mechanism was the familiar one — a tuition-dependent college with no endowment cushion, carrying long-term debt that climbed past $4 million while annual operating losses ran around $400,000 — but Hawthorne’s particular tragedy was a rescue that the law would not allow. In 1982, seeking to modernize around computer science and aeronautics, the college affiliated with the Florida Institute of Technology and shortened its name to Hawthorne College. The arrangement promised a deep-pocketed academic partner. But New Hampshire law restricted an out-of-state institution from buying up a New Hampshire college, and the statute choked off the very cash infusion the merger was supposed to deliver. The lifeline was attached to a hand the college was forbidden to take.

By 1988 the options were exhausted. A bailout plan involving another aviation college collapsed, and the trustees declared bankruptcy and moved to liquidate. They put the 50-acre airfield and more than twenty campus buildings on the block; a Concord auction broker solicited bids for the whole 485-acre property. The last students finished in the spring, and the institution that had taught New Englanders to fly for a generation simply stopped existing — a closure with little ceremony and less warning.

What followed was a strange afterlife. In 1990 the campus was bought by Maruzen Construction Company of Japan, which in 1992 opened a short-lived aviation college on the site; then a Maharishi meditation school held the property from the mid-1990s to 2014; and in 2017 a new preparatory school, Hawthorne Academy, opened in the old buildings. The runway, meanwhile, never closed at all. It became the Hawthorne–Feather Airpark, a privately owned, public-use airport still on the sectional charts today — the rare case of a college that vanished but whose most distinctive asset kept doing the one thing the college had built it to do.

Bishop College — A Century of Black Texas Learning, Closed Owing More Than It Could Pay

Bishop College, founded in 1881 in Marshall, Texas, by the American Baptist Home Mission Society and moved to Dallas in 1961, closed in 1988 after the Southern Association of Colleges and Schools revoked its accreditation in December 1986 and a Chapter 11 bankruptcy the following spring failed to save it. For 107 years it had been one of the principal engines of Black higher education in Texas — a Baptist college that trained ministers, schoolteachers, lawyers, and physicians for a population the state’s white universities would not admit. When it shut, it took with it not a marginal institution but a pillar: the college that, for generations, was the place a Black East Texan went to become an educated person.

What it built is the measure of what was lost. Bishop educated Black Texans across the long span of segregation and its aftermath, sending graduates into the pulpits, classrooms, and courtrooms of the South. Its first Black president, Joseph J. Rhoads, a Marshall native and Bishop graduate, led it from 1929 until his death in 1951; under him and his successor, Milton K. Curry Jr., the college grew from a regional Baptist school into a degree-granting institution offering bachelor’s work in some twenty fields. After a Hoblitzelle Foundation land grant, Bishop moved from Marshall to a new campus in south Dallas in 1961 — becoming Dallas’s first historically Black college — and by about 1970 enrollment had climbed to nearly two thousand. The Zale Library held well over a hundred thousand volumes. The Tigers sent a dozen players to the NFL, among them the Pro Football Hall of Famer Emmitt Thomas.

The decline that followed was administrative before it was demographic. In the late 1970s President Curry and two administrators were indicted on federal charges tied to the misuse of more than three million dollars in federal funds, including student-aid money; Curry was acquitted in 1980, but the cloud over the college’s management never lifted, and the American Association of University Professors had already censured the institution. By the 1980s the student body had shifted heavily toward out-of-state and foreign enrollees — fewer than ten percent of students were from Dallas — and the finances were collapsing under accumulated debt. In December 1986 SACS withdrew accreditation, which severed Bishop’s access to federal aid and to the United Negro College Fund. The Chapter 11 filing of April 1987 was a last attempt to restructure; it could not. The college closed in 1988.

Bishop’s afterlife was unusually merciful for a closed college, if only for the ground. In 1990 the Dallas hair-care entrepreneur Comer S. Cottrell purchased the campus and brought Paul Quinn College — an African Methodist Episcopal HBCU — from Waco to occupy it, so the Dallas hilltop that Bishop built still teaches Black students today. But Bishop itself, its name, and its place in the lives of its alumni did not survive. A college that had outlasted Jim Crow could not outlast its own books.

Loretto Heights College — A Hilltop Women’s College the Sisters Sold to Stay Solvent

Loretto Heights College, founded by the Sisters of Loretto in 1891 atop a hill in southwest Denver and grown over nearly a century into one of Colorado’s notable Catholic women’s colleges, closed in 1988 — and the Sisters then sold the landmark campus, which a successor institution would occupy under another name. The Catholic college that had taught Denver women for ninety-seven years, transferred several programs to Regis College, sold its red-sandstone hilltop, and ceased to exist as an institution. The buildings endured; the college did not.

The decision was the Sisters’, and it was made under financial pressure rather than catastrophe. By the 1980s Loretto Heights faced the same vise that closed scores of small Catholic women’s colleges in the same decade: declining enrollment as coeducation drew women to formerly all-male universities, a shrinking and aging order of teaching sisters who had once supplied the college its low-cost labor and its very identity, and a cost structure no longer matched to its student count. Loretto Heights had adapted before — it admitted men in 1970 and, in 1971, helped pioneer the national University Without Walls program for adult learners — but adaptation did not restore the numbers, and the religious community that owned the college concluded it could no longer sustain it.

What followed makes the Fate word a genuine question. In 1988 the Sisters of Loretto closed the college and sold the hilltop campus to Regis College, the Jesuit institution across town; three Loretto Heights degree programs — including its respected nursing school — moved to Regis, helping it grow into Regis University by 1991. Regis, in turn, sold the campus in 1989 to the Teikyo University Group of Japan for about $7 million, and Teikyo opened Teikyo Loretto Heights University there to serve international students. The institution that bore the Loretto name was not continued under new ownership; it was wound down, its parts dispersed, and its real estate sold to a buyer who built something different on the ground.

The hilltop’s story did not end with the Sisters. Teikyo Loretto Heights University became Colorado Heights University in 2009, an institution that itself closed at the end of 2017 as enrollment fell. In 2018 the Teikyo group sold the campus for $16.5 million to a developer, and the Edbrooke-designed administration building and Pancratia Hall — the landmarks the Sisters raised — entered a long redevelopment as a Denver neighborhood. The architecture survived three institutions. The Catholic women’s college that built it survived only its own century.

Nasson College — Closed in 1983, Ordered Reopened by a Court, Gone Anyway

Nasson College, a private liberal-arts college in the village of Springvale, in Sanford, Maine, founded in 1912 as the Nasson Institute, filed for Chapter 11 bankruptcy in November 1982 and ceased operating as a degree-granting college in 1983, after seventy-one years. It had been one of southern Maine’s distinctive small colleges — a two-year women’s school that grew into a four-year college in 1935 and went coeducational in 1952, reaching roughly nine hundred students at its peak in the late 1960s before a long decline in enrollment and money brought it down. It was, in the words of one who remembered it, “a wonderful asset to our community,” and its loss reshaped a Maine mill town’s village center for decades.

The cause was the one that recurs across this family of stories — a tuition-dependent college with too few students and too little reserve — sharpened by Nasson’s own choices. Like so many others, it had been buoyed by Vietnam-era and G.I. Bill enrollment, and the end of the war pulled students away. An ambitious 1960s experiment, the “New Division,” a free-form college-within-a-college modeled on Goddard and Antioch, had ended in disorder and consolidation by 1970, leaving the institution risk-averse and slow to adapt to the pressures that followed. By the early 1980s, enrollment and finances had both collapsed.

What makes Nasson singular is what happened after it decided to die. In the spring of 1983 the college resolved to cease educational activities, and in May 1983 its accreditor, the New England Association of Schools and Colleges, voted to terminate its accreditation precisely because Nasson had decided to stop teaching. Then the bankruptcy court intervened: in a reorganization, it ordered Nasson restored “with the full degree-granting authority, privileges, and accreditations it had on the day it filed for bankruptcy,” and the college briefly resumed programs in September 1985. The litigation that followed — Nasson College v. NEASC — turned on whether accreditation is “property” a bankruptcy court can resurrect. But the original Nasson, the residential liberal-arts college that had served Maine since 1912, was effectively finished in 1983; the revivals that followed — including a venture by the businessman Edward Mattar III that dissolved into litigation and a 1996 state seizure — wore its name without being the institution that closed. The campus then sat largely vacant for nearly two decades before a slow, piecemeal redevelopment brought it back: the college is gone, but the buildings, finally, are full again.

Mississippi Industrial College — A Bishop’s College, Closed Across the Road From the One That Outlived It

Mississippi Industrial College, founded in 1905 in Holly Springs, Mississippi, by Bishop Elias Cottrell of the Colored Methodist Episcopal Church, closed in 1982 after losing its candidate status for accreditation in December 1981 and exhausting the finances of a small Black college that desegregation had been draining for two decades. For seventy-seven years it had stood on a hilltop directly across North Memphis Street from Rust College — two historically Black colleges facing each other across a road in a small north Mississippi town — and educated Black Mississippians in trades, teaching, and the ministry through the hardest years of segregation. When it closed, Holly Springs kept one of its two HBCUs and lost the other; today Mississippi Industrial College’s grand brick buildings, several of them on the National Register, stand vacant or in ruin while Rust College, its lifelong neighbor, continues.

What the college built was substantial and is too easily forgotten now that the buildings are falling. Bishop Cottrell, born into slavery in 1853, founded the college to give African Americans in segregated Mississippi a practical and a liberal education and to make, in his words, better citizens; the first session opened in January 1906 with two hundred students, and enrollment reached roughly 450 by 1908. Over the following decades it raised a campus of monumental brick buildings — Catherine Hall, Hammond Hall, and Washington Hall, designed by the firm of Heavener and McGhee, and, in 1923, the Carnegie Auditorium by the pioneering Black architectural firm McKissack and McKissack, a 2,000-seat hall described as the largest space built by and for Black people in the state. The college trained teachers for Mississippi’s segregated Black schools, ministers for the CME Church, and tradesmen for a region that gave its Black citizens few other doors.

The decline was the bitter, paradoxical kind that befell many of the smaller HBCUs: the end of legal segregation, the great victory, removed the captive enrollment on which the college had depended. As Mississippi’s community colleges and formerly all-white institutions opened to Black students through the 1960s and 1970s, a small private college with high costs and a narrow base could no longer compete for the students who now had cheaper, nearer, better-funded options. Enrollment fell; finances tightened; and in December 1981 the institution lost its candidacy for accreditation — the gate to federal student aid. A reported restoration of eligibility in 1982 came too late to matter. The college closed that year, in its seventy-seventh, and the campus it left behind — several buildings on the National Register since 1980 — has since been a study in slow loss: Catherine Hall demolished after a 2012 storm, Washington Hall all but collapsed, the great Carnegie Auditorium compromised. What remains is a ruin of real consequence: the physical record of a bishop’s determination, in 1905, that Black Mississippians would have a college of their own.

Eisenhower College — The Living Memorial RIT Took In, Ran Three Years, and Switched Off

Eisenhower College, a small private liberal-arts college in Seneca Falls, New York, was founded in 1965 as a living memorial to President Dwight D. Eisenhower and ceased to exist as an institution in 1982, when Rochester Institute of Technology — which had absorbed it three years earlier — abruptly switched it off. It had been conceived as something grand: a college bearing the name and endorsement of a sitting president, built on the conviction that the nation owed Eisenhower a monument that taught rather than a slab of granite. What it became, almost from the day its first class arrived in 1968, was a college that could never quite pay for itself, and the gap between the ambition and the arithmetic is the whole of its story.

For all the prestige attached to the name, Eisenhower was underfunded from birth and stayed that way. It opened with roughly 300 students into a campus designed for 1,100, peaked at only about 800 in 1974, and never came close to the enrollment its plant and payroll required. It survived its first decade on local fundraising, Republican donations, a $5 million congressional matching grant, and — most famously — a surcharge on the Eisenhower silver dollar, which funneled some $9 million to the college between 1974 and 1978. The coin money cleared old debts and bought time, but it could not manufacture the students Eisenhower needed, and by the late 1970s the institution was again insolvent and out of options.

In March 1979 the Rochester Institute of Technology took Eisenhower in, operating it as RIT’s Eisenhower College and pledging publicly to run it for at least five years to give the experiment a chance. It lasted three. On July 22, 1982, RIT announced the immediate closure, citing major operating deficits; continuing students were offered transfer to the main campus in Rochester, and the last Eisenhower degrees were conferred in a final commencement back in Seneca Falls in 1983. The alumni and the local civic figures who had built the place sued to stop the shutdown and lost. The name, attached to no surviving institution, simply vanished.

What Eisenhower represents in the closure record is the absorbed college in its starkest form — a school that did not so much die of old age as get folded into a larger institution and then quietly subtracted. There was a teach-out rather than a padlocked gate, which spared the last class the worst. But the independent college was gone, its governance dissolved into RIT’s and then dissolved entirely; the campus passed first to the federal government over defaulted construction loans and then, in 1989, to New York Chiropractic College, which still occupies the hilltop today under the name Northeast College of Health Sciences. The buildings outlived the memorial. The memorial did not.

Friendship College — The College Whose Students Chose the Jail, Then Lost the College

Friendship College, in Rock Hill, South Carolina — founded on October 12, 1891 by Black Baptists as a school for eleven pupils in the pews of Mt. Prospect Baptist Church — filed for bankruptcy and closed in December 1981, ninety years old, its last enrollment listed at 368. It died the way most small Black colleges of its kind died: not of scandal but of arithmetic, a tuition-dependent junior college with no endowment, a shrinking enrollment, and debts it could no longer service, in a region and an era that had built public alternatives the private Black school had once been the only substitute for. After the doors closed, fire took the buildings, and the campus on the city’s east side was razed to bare ground. What had been a ninety-year-old institution became a fenced lot and a sign.

The arithmetic is the smaller part of the story. Friendship College’s name belongs to American history for a single month in 1961, when its students walked into the segregated McCrory’s five-and-dime on Main Street, sat at the whites-only lunch counter, and — convicted of trespass — refused to pay the fine. Ten were arrested; nine chose thirty days of hard labor at the York County Prison Farm over bail, eight of them Friendship students, the ninth a Congress of Racial Equality field secretary named Thomas Gaither. Their choice revived a tactic that had flickered in Nashville the year before and gave it a name that spread across the South: “jail, no bail.” The Friendship Nine turned a county prison farm into a national argument, and the movement followed them into the cells.

So the institution that closed in 1981 was, in the ledger of what America lost, two things at once. It was a working-class Black college that for ninety years had supplied the preachers, the schoolteachers, and the strivers of upcountry South Carolina with the education the state would not give them — a place that taught grades one through fourteen because for its first decades there was no public schooling for Black children in Rock Hill at all. And it was the seedbed of one of the bravest small acts of the civil-rights movement, the college whose students were willing to go to jail and stay there. The first identity earned it a community’s devotion; the second earned it a place in the textbooks. Neither could pay the bills, and the cruelty particular to this file is the contrast: a college that gave its students the nerve to choose imprisonment over compromise could not secure its own survival. The Friendship Nine outlived their school by decades — in 2015 a judge vacated their convictions, declaring that history could be set right — but the college that made them was by then thirty-four years gone, its ground cleared, its memory kept by an alumni association and a Baptist congregation raising money for a community center where the classrooms had been.

Ladycliff College — A Women’s College on the Cliffs, Bought by the Army It Faced

Ladycliff College, in Highland Falls, New York — opened in 1933 by the Franciscan Sisters of Peekskill on a Hudson River clifftop the order had bought in 1900 and named “Lady Cliff” — announced in the spring of 1980 that it would close for lack of funds, and shut after a brief teach-out, its final degrees conferred in 1981. A small Catholic women’s college pressed between the river and the wall of the United States Military Academy at West Point, Ladycliff had spent forty-eight years educating Catholic women — and, in its last decade, a handful of men — at tuition deliberately kept low. That commitment to affordability, its alumnae would later say plainly, was the thing that made the college impossible to sustain. When the Sisters could no longer carry the deficits, the institution next door bought the campus: West Point, the academy whose cadets had been Ladycliff’s neighbors for half a century, acquired the cliff and its buildings, and the women’s college dissolved into the Army’s real-estate map.

The numbers were never large, and that was the point and the problem. Ladycliff conferred 2,661 degrees across its life and enrolled, with non-matriculated students counted, perhaps 5,661 people in all — the rolls of a genuinely small college that took pride in being small. Its graduating classes ran from sixteen in the 1930s to a peak of 131 in 1977 and again in 1979, the largest the college ever produced and, in retrospect, the high-water mark just before the end. It won a permanent charter to grant bachelor’s degrees in 1940 and regional accreditation from the Middle States Association in 1960. It admitted its first matriculated men around 1969, a quiet abandonment of its single-sex identity that, like so many such conversions in that decade, was meant to widen the applicant pool and could not widen it enough.

What killed Ladycliff was not a villain or a sudden shock but the structural fragility of the small tuition-dependent college, sharpened by a mission that refused to charge what survival required. Kept affordable by design, drawing modestly from a region thick with larger and richer competitors, and holding no endowment to absorb a run of deficits, the college had no cushion when the math turned against it. The 1980 decision surprised many — the freshman class had actually grown — but it was the surprise of people who had not seen the balance sheet; The New York Times reported it under the flat headline a generation of small colleges would share: a small Catholic college, closing for lack of funds.

The afterlife is unusually legible, because the buyer kept the buildings standing and used them. West Point demolished the chapel and two residence halls but preserved the heart of the campus, and Olmsted Hall — raised by Ladycliff College in 1934 — became, in 1989, the home of the West Point Museum, the oldest military museum in the country. Today a visitor to Highland Falls who tours that museum, or stays at the inn that was Mary Hall, walks through a Catholic women’s college the Army absorbed: the cliff still teaches, but the teacher is gone.