A college in Illinois announced that it is closing after more than 100 years of operation after setbacks associated with the coronavirus pandemic and a ransomware attack.
Lincoln College, a predominantly black college established in 1865 that has endured such events as a campus fire and the Great Depression, said that it would be permanently closing its doors on Friday, according to an announcement on the school's website.
"The economic burdens initiated by the pandemic required large investments in technology and campus safety measures, as well as a significant drop in enrollment with students choosing to postpone college or take a leave of absence, which impacted the institution's financial position," Lincoln College said.
The cyberattack left"all systems required for recruitment, retention, and fundraising efforts" inoperable, according to the college's statement.
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