arbiter
JournalsAccount

Bankrupting Higher Education

Matthew A. Bruckner

American Bankruptcy Law Journal2017article
ABDC B
Weight
0.26

Abstract

Many colleges and universities are in financial distress but lack an essential tool for responding to financial distress used by for-profit businesses: bankruptcy reorganization. This Article makes two primary contributions to the nascent literature on college bankruptcies by, first, unpacking the differences among the three primary governance structures of institutions of higher education, and, second, by considering the implications of those differences for determining whether and under what circumstances institutions of higher education should be allowed to reorganize in bankruptcy. This Article concludes that bankruptcy reorganization is the most necessary for for-profit colleges and least necessary for public colleges, but ultimately concludes that all colleges be allowed to reorganize in chapter 11.

Cite this paper

@article{matthew2017,
  title        = {{Bankrupting Higher Education}},
  author       = {Matthew A. Bruckner},
  journal      = {American Bankruptcy Law Journal},
  year         = {2017},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Bankrupting Higher Education

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.26

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.