Derek Wappel found a new college for the fall after he learned his was shutting down because of financial hardship. Now he wonders if he’s walking into the same situation he’s leaving. Wappel, a 19-year-old who will be entering his sophomore year in the fall, attended Saint Joseph’s College in Rensselaer, Ind. But Saint Joseph’s in February announced that it is suspending operations after the current semester. So Wappel attended a college fair and considered his transfer options....

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