Massachusetts regulators warned a small college—Anna Maria College in Paxton—may not have sufficient resources to remain open through the next academic year. The notice reflects a broader pattern in which enrollment declines and limited scale combine with accreditation and regulatory thresholds. The report ties the risk to structural financial pressures common across the sector, with the institution depending on tuition revenue in an environment where student numbers have been volatile. For institutional leaders, the action is a reminder that accreditation and state resource requirements can converge quickly into operational cliff effects for smaller colleges.