Recession dooms College of Visual Arts in St. Paul

College of Visual Arts‘ director of financial aid, David Woodward, explains part of the financial crisis he’s been seeing among the college’s families. It’s a crisis that has caused the college to shut down for good in June:

“The economy has tanked since 2008 and many of the families that come to CVA are either in foreclosure of their home [or] they’ve lost jobs,” Woodward said. “More and more I’m seeing families that are at their very wit’s end in terms of their finances.”

Read the full story by MPR’s Marianne Combs here.