Two small private institutions announced closures after sustained financial stress. Lourdes University (Ohio), citing declining enrollment and an unsustainable funding model, said it will close in May after trustees and the founding Sisters of St. Francis concluded losses were irreversible. Providence Christian College (California) set a closure at the end of the 2025‑26 year after probation, accreditation shortfalls, leadership turnover, and loss of federal funds. Both institutions cited mounting operating deficits and limited endowment flexibility.