. . . The news comes in the wake of similar closings nationwide, in part because of pressures on higher education generally but also because of art institutions’ particular vulnerabilities. The Pennsylvania Academy of the Fine Arts, the nation’s first art school and museum, founded in Philadelphia in 1805, is dissolving at the end of the 2024-25 academic year. (The University of the Arts had been designated to take on some of the Academy’s students.) Last April, the 150-year-old San Francisco Art Institute filed for bankruptcy, and that fall, the Art Institutes, a system of for-profit colleges, announced the closing of eight campuses nationwide. . . .
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