Some Cash-Strapped Private Colleges Cut Programs, Sell Assets

Wheelock College (MA)  has been searching for a lifeline all summer.  The Boston school, with roughly 1,000 students and falling financial reserves, put up for sale its president’s five-bedroom house and a residence hall in June, eager for a cash infusion amid growing enrollment and operating-cost pressures.  On Tuesday, Wheelock announced it had entered merger talks with Boston University, which sits a mile away and enrolls 33 times as many students.