Hampshire College announced it will close after the fall 2026 semester, citing increasingly complex financial pressure and inability to meet regulatory responsibilities. The Board of Trustees and President Jennifer Chrisler said efforts to boost enrollment, refinance debt, and generate new revenue from land sales fell short. The closure follows accreditor pressure, including a requirement to demonstrate sufficient resources to continue or face accreditation probation. Hampshire also reported a material endowment decline and missed enrollment projections. As a single-campus outcome, it signals a broader higher-ed liquidation pattern: shrinking cohorts, fixed compliance obligations, and limited financing flexibility are combining to push marginal institutions past survivability thresholds.