"In 2016, Jeff Selingo and EY published a report stating that more than 800 schools were facing major downsizing, mergers, and closures. But their report did not list the schools most likely to fail. It would appear that higher education and business insiders, including government agencies and credit rating agencies, know which schools are likely to merge or fail, but they are unwilling to share it with the public."
https://www.linkedin.com/pulse/americas-most-endangered-private-colleges-2019-dahn-shaulis/?published=t