Does the impending closure of Sweet Briar College portend the end for private womens' colleges that cater to the ultra-rich?

Does the impending closure of Sweet Briar College portend the end for private womens' colleges that cater to the ultra-rich?
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answer:Depends what you mean by catering to the wealthy. I imagine colleges like Smith, Mt. Holyoke and Wellesley that are top notch women’s colleges will continue for some time to come. Mere “finishing schools” have probably been on the way out for some time.
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