Lincoln College, which saw record enrollment numbers in 2019, said in a news release that it scrambled to stay afloat with fundraising campaigns, a consolidation of employee positions, and exploring leasing alternatives.
“Unfortunately, these efforts did not create long-term viability for Lincoln College in the face of the pandemic,” the school, which opened in 1865 in Lincoln, about 170 miles southwest of Chicago, said in the release.
Lincoln’s president, David Gerlach, told the Chicago Tribune that the school paid a ransom of less than $100,000 after an attack that he said originated in Iran. But when the systems were fully restored, the school that had just over 1,000 students during the 2018-19 academic year discovered “significant enrollment shortfalls” that would require a massive donation or partnership to stay open beyond the current semester.
“The loss of history, careers, and a community of students and alumni is immense,” Gerlach said in a statement. The school did not immediately return a call Tuesday from The Associated Press.
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