Becker College, a small private college in Worcester known for its video game design program, is quickly running low on cash and may not be able to remain open much longer, state higher education regulators warned on Tuesday.
The 1,500-student college has been struggling for several years, but the pandemic has deepened its financial woes, like many tuition-dependent schools with small endowments and shrinking enrollments.
In a statement, the Massachusetts Department of Higher Education said Becker’s financial situation has become “sufficiently uncertain” to threaten its long-term viability.
“The Department of Higher Education believes that the institution is unlikely to sustain full operations through the next academic year,” the statement read.
The state, along with the region’s higher education accrediting agency, is working with college officials to consider how to proceed, including the possibility of closing the school.