Anna Maria College in Massachusetts is at risk of closing after the Massachusetts Department of Higher Education warned the institution may lack sufficient resources to remain open through the next academic year. Regulators cited concerns about the college’s financial capacity, prompting heightened scrutiny of small, tuition-dependent institutions. The college, which enrolls about 1,400 undergraduate students, acknowledged in a statement that it is facing significant financial pressures tied to longstanding structural challenges in higher education and the enrollment declines that disproportionately affect smaller schools. The notice adds to the mounting set of warning signals regulators and analysts have been issuing as the sector absorbs the combined effects of affordability pressure, enrollment volatility, and constrained revenue streams. For students, the development raises immediate questions about continuity of instruction, transfer pathways, and tuition stability, particularly as institutions prepare for the next academic year amid uncertain enrollment forecasting.