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Citing a "very difficult financial situation," National Hispanic University has stopped enrolling new students, according to the San Jose Mercury News. Laureate Education, a large for-profit chain, bought the San Jose-based university in 2010, announcing plans for it to grow to 8,000 students, many of them attending online. The university was struggling before the purchase, and has failed to right itself in the last few years. Its enrollment stands at just 600 students. And last year the U.S. Department of Education withdrew federal financial eligibility for the university's liberal arts programs, straining its finances.