A Philadelphia university, located in the heart of the city, announced on Friday it is closing its doors and going out of business. 

The University of the Arts, a private arts school and one of the nation’s oldest institutions of higher learning focused on arts and music, declared that its last day of operations will be June 7, the Philadelphia Inquirer reported. The decision shocked faculty and staff alike, leaving many with the school in disbelief as it had already admitted students to its freshman class that was expected to start in fall 2024. 

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