Cazenovia College to close in 2023

Image:  After a missed bond payment and months of uncertainty, Cazenovia College will close. The small, private liberal arts college in New York announced Wednesday that it would cease operations after the spring semester, citing financial concerns exacerbated by the coronavirus pandemic and inflation that irreparably harmed the nearly 200-year-old institution. Cazenovia defaulted on a $25 million bond payment in October. Since then, questions have swirled about its fate. College...