Giving Compass' Take:

• The Oregon College of Art and Craft (OCAC) announced it was officially closing down after this years graduation due to the failure of restructuring attempts and rising costs which is common amongst small liberal art schools. 

• How can donors and philanthropists help struggling liberal art schools survive? How can our culture place more importance on keeping schools like this alive and well? 

Here's an article on the future of liberal arts education. 

OCAC has been a critical part of Portland, Oregon's creative community, educating artists across a variety of mediums, including metalwork, photography and the fine arts, Oregon Public Broadcasting noted last week. The college, which enrolled 143 students in the fall of 2017, had tried in recent months to strike separate merger deals with the Pacific Northwest College of Art and Portland State University to stay open, but each fell through.

It's becoming a familiar tune for art colleges across the country. As small liberal arts schools find themselves on shaky operating ground with minimal endowments and declining enrollment, those specializing in the arts have been feeling the burn in particular.

Read the full article on the struggle to survive for small liberal art schools by Hallie Busta at Education Dive