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<p>Young, George W. Thatcher, Anthon H. Lund, and Amos Howe. Thirty academies were formed between 1888 and 1895, but many families could not afford the tuition of the private academies. A few academies became junior colleges and trained teachers, and some continued as private Church-sponsored high schools. Most academies closed within the decade due to the <a href="page.php?w=Depression_%28economics%29">depressions</a> of <a href="page.php?w=Panic_of_1893">1893</a> and <a href="page.php?w=Panic_of_1896">1896</a>. Some of the stronger academies persisted</p><p>
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