 At least initially, Pershing's reputation and fortunes were strongly tied to those of Parsons, and when Parsons faltered in the late 1960s the prospects for Pershing and the other Parsons satellite schools grew bleak.Although the satellite schools ended their relationships with Parsons, they suffered from a lack of funding, high student turnover, and accreditation issues.Ultimately, none of the "Parsons Plan" colleges became economically viable, and all closed by the mid-1970s.