According to the article, "in recent years, empty campuses have been recognized as potential cash cows, and colleges have tried to fill those once-sleepy weeks with enrichment workshops, for-credit courses, day camps, conferences, private parties and film shoots."
Vassar, however, is the exception. "For years, Vassar College in Poughkeepsie, N.Y., has held or run more than 20 athletic, cultural and academic programs and camps in summer," says the Times. "This year, a half-dozen have folded, citing falling enrollments." The article continues to state that Vassar will be earning up to $100,000 less this summer.
Hopefully the programs will at least stay open this summer.