Another pandemic casualty: Kalayaan College ceases operation due to financial losses
MANILA, Philippines — Kalayaan College in Quezon City on Tuesday announced that it will shut down its operations after 22 years due to “financial losses” and “challenges caused by the pandemic.”
“With heartfelt feelings and faced with no other options, the Board of Directors of Kalayaan College Inc. has decided to end the operations of Kalayaan College due to financial losses brought by declining student population and exacerbated challenges caused by the ongoing pandemic,” Kalayaan College President Ma. Oliva Domingo said in an advisory.
“The Board apologizes for this short notice and extends its gratitude to all students and parents who put their trust in Kalayaan College,” she further said.
The Commission on Higher Education has already been informed of the decision, which will become final after ratification by most of the college’s stakeholders.
As it ceases operations, Domingo said that the college will still offer a limited number of General Education and major courses to senior-level students to complete their degree programs.
Non-senior college students can still enroll in limited course offerings without any guarantee that they will be able to finish their degree programs.
Article continues after this advertisementMeanwhile, the college will process the transfer credentials of students who transfer to other schools, provided they have settled financial obligations in full.
Article continues after this advertisementDomingo said that registration for limited courses would begin in the second week of August, while online classes would start on August 15.
Kalayaan College was founded in 2000 by a group of professors of the University of the Philippines, most notably by Dr. José Abueva, who served as the 16th president of the university. – Xander Dave Ceballos, INQUIRER.net intern
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