Is Earlham College struggling financially?
Yes, Earlham College has been facing significant and sustained financial difficulties [1.5.1]. The college has been running at a substantial annual deficit—reported to be around $15 million—for more than a decade [1.5.1]. This is not a sudden or isolated issue but rather a long-term fiscal challenge that has become increasingly unsustainable [1.5.1]. By early 2026, the college leadership concluded that it could no longer maintain its current academic structure, leading to difficult decisions, including the cutting of various liberal arts majors, in an attempt to stabilize the institution's finances and ensure its future viability [1.5.1].
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