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flag Martin University, Indiana’s only historically Black college, will close in 2026 due to financial instability, ending nearly 50 years of service.

flag Martin University, Indiana’s only historically Black college, will close after nearly 50 years due to financial instability, following a recommendation from the Higher Learning Commission and the school’s voluntary surrender of accreditation. flag The board cited declining enrollment, rising debt, lack of an endowment, and reliance on grants and donations as unsustainable factors. flag Founded in 1977 to serve low-income and underserved students, the university awarded degrees to over 1,500 graduates and offered multiple programs. flag In response, the University of Indianapolis and Marian University have pledged to accept transfer credits and cover tuition costs to help students continue their education. flag The closure has sparked grief in the community, but officials emphasized honoring the institution’s legacy of access and equity.

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