The pandemic put small private colleges under intense financial pressure

Many private liberal arts colleges are struggling to survive amid the coronavirus pandemic. Enrollment is down, and small colleges rely on room and board revenue more than large universities. So what does this mean for the future of these schools? Application Nation founder Sara Harberson joins KYW Newsradio In Depth to talk about why small schools are having trouble, what colleges are doing to try to survive, and what it means for students looking for scholarships.