The historically Black Lincoln College in Illinois announced that it will cease its operations on May 13 after 157 years of higher education.
Lincoln College administration decided to close its doors permanently after it failed to raise the cash needed to recover from the pandemic followed by a cyberattack that originated in Iran.
“The institution has worked tirelessly to strengthen its financial position through fundraising campaigns, selling assets, consolidating employee positions, and exploring alternatives for the leased building in Normal. Unfortunately, these efforts did not create long-term viability for Lincoln College in the face of the pandemic,” said Lincoln College in a statement.
According to Lincoln College, the pandemic caused a reduction in enrolment then, in December 2021, a ransomware attack blocked access to the school’s data and put a stop to recruitment, retention, and fund-raising efforts.
The Abraham Lincoln College was founded in 1865 and has withstood the 1918 influenza epidemic, multiple recessions, and two world wars.
In Fall 2019, the university had record-breaking student enrollment, with residence halls at maximum capacity.
The Lincoln College expressed its sentiments, “Though we are experiencing undeniable grief and sadness, we find comfort in knowing Lincoln College has served generations of alumni who have undoubtedly impacted our world.”
© Fourth Estate® — All Rights Reserved.
This material may not be published, broadcast, rewritten or redistributed.