Last week National Hispanic University announced the shuttering of its online and campus-based degree programs. The university’s phasing-out as a degree-granting institution raises the question of whether there is a market for an institution with a special focus on America’s fastest-growing demographic.
The small nonprofit university was struggling when Laureate Education, a private for-profit chain, bought it in 2010. The U.S. Department of Education then placed growth restrictions on National Hispanic for two years. And officials from the university said subsequent snags over federal and state aid access contributed to its woes.