Martin University announced it will "pause operations" at the semester’s end, the private Indianapolis institution said, blaming steep enrollment declines and severe financial constraints. The university — which had no endowment and enrollment under 250 — said trustees are exploring pathways to viability while trying to limit disruption for remaining students. The move follows a long pattern of small, resource-strapped institutions confronting cyberattack-related record losses, state funding declines and rising operating costs. Martin’s board noted prior attempts at tuition resets and fundraising but judged a pause necessary to craft a credible recovery plan. Students, faculty and the state face immediate consequences: transfers, employment losses and gaps in local workforce pipelines. The pause also underscores the fragile margins for many minority-serving private colleges.