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Wesley College Asks for State Funding
Wesley College in Delaware, a small private liberal arts institution, is asking for state funding for the third time this year.
The college requested $3.2 million on Friday, according to the Associated Press. The request comes after officials approved $2 million from a state fund and after Wesley was allowed to use over $1 million in renovation funding for operations.
Wesley is struggling with declining enrollment and revenue, and the U.S. Department of Education placed the college on its heightened cash monitoring list earlier this year over concerns about its financial responsibility.
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Rick Seltzer
Rick Seltzer, Projects Editor, oversaw special projects and coordinated daily production for Inside Higher Ed from 2019 through May 2021. He joined the publication in 2016, covering finance and management. Previously, he worked as a reporter for The Baltimore Business Journal, The Bloomington Herald-Times, the Central New York Business Journal and The Harrisburg Patriot-News. He has covered numerous business, municipal, government and general assignment beats. Rick graduated from Syracuse University in 2008.
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