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Abiit sed non oblitus | Michigan

One-hundred-twenty-five years ago, hardy and hard-working Finnish Lutheran immigrants founded a school in Michigan’s Upper Peninsula. Their lives were marked by a gritty quality captured in the Finnish term, sisu – grit and perseverance in the face of adversity.  Citing financial difficulties related to demographic changes, the Board of Trustees announced that the Class of 2023 was Finlandia’s final graduating class.

“The Board of Trustees and University President Timothy Pinnow stated the extremely difficult decision is the result of an intensive analysis of Finlandia’s operations after exploring all potentially feasible strategic alternatives, including the rigorous search for new partnerships and reorganization of the institution’s finances. With financial challenges impacting liberal arts colleges throughout the country, Finlandia is no exception….

The combination of demographic changes, with fewer high school graduates available, a steep decrease in interest in going to college among those graduates, a dwindling endowment, and an unbearable debt load have made Finlandia no longer viable…

…Finlandia University has finalized eight Teach-Out Agreements with Adrian College, Bay College, Michigan Technological University, Northeast Wisconsin Technical College, Northern Michigan University, University of Dubuque, Waldorf University, and Wartburg College. Several non-partnering institutions have also made commitments to supporting FinnU students in incredible ways…”

Board of Trustees vote to dissolve University wind up affairs in orderly manner

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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