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Mid-Continent University, a private institution in Kentucky, will close June 30, KFVS 12 News reported. The university has been financially struggling, and facing rumors about a possible closure for months. All employees received layoff notices, and the university hopes that some faculty members will volunteer to allow a final cohort of students to graduate. The university enrolls about 300 students on campus, and another 600 online or through off-campus programs.