Photo: Jay Galvin (flickr)
University of Indianapolis is ending all but one of its Greece programs because of the country’s ongoing recession.
The University of Indianapolis is eliminating its undergraduate programs and some graduate programs at its Athens Campus in Greece. They will stop offering courses in August.
Nearly 200 students who study abroad in Greece and students enrolled at the Indianapolis Athens College will be affected.
School officials blame the six year economic recession in Greece that has led to an unemployment rate of more than 27 percent.
UIndy spokesperson Scott Hall says enrollment has declined in the undergraduate study abroad Greece program because of social unrest in the country. The broader accredited program, the Indianapolis Athens College, has also seen a decrease in admissions.
“People just don’t have the finances that they need to continue their education, and then when they get out school, the job market there is very discouraging,” he says. “There are really not a lot of opportunities for people there. So, without students we can’t make payroll and continue the programs the way they need to be run out there.”
The University Of Indianapolis acquired the physical campus in Athens in 2004.
Hall says the school will continue its MBA graduate program because it is still financially viable. The MBA program has 37 students and enrolls many international students.
“We hope that we may be able to develop similar programs where we have a steady source of students who can pay tuition and we might be able to develop other sort of specialty programs like that particularly as graduate programs,” he says.
Hall says the MBS program will serve as a model as the University tries to rebuild its Greece program.