Source: Inside Higher Ed, December 15, 2008
...... Now under threat of closing, the college is in negotiations with a public institution -- New Mexico Highlands University -- that is considering taking over the college, and a debt that could be as much as $35.3 million. While the potential deal is seen by many as a welcome lifeline, students and faculty say they're unsure how the uniqueness of Santa Fe might be preserved if the college is placed in state hands.
