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“The parking lots are mostly vacant. Locked and dark, many of the buildings are lifeless but for dying plants in dusty pots. One of the few people visible is a white-bearded man on a riding mower, tending to an empty lawn as if by habit.

This is not a factory or office park abandoned by its tenants. It’s Hampshire College, a once-celebrated liberal arts school that will shut down in December. That makes it the latest in a steady stream of colleges that are closing or merging, at a rate that last year reached the equivalent of nearly one every three weeks.

There will be wider-ranging collateral damage in this case, those experts warn, including less access to higher education — especially in rural areas — and a threat to the continued production of graduates with the skills employers need to replace retiring baby boomers.”