Funeral Industry News

Is CCMS Going Bankrupt?

April 8, 2026
Ryan Thogmartin

Ryan Thogmartin is the Founder and CEO of DISRUPT Media, a creative agency that helps deathcare companies stop marketing like its 1985. Ryan is also a deathcare entrepreneur who has launched DeathCareJobs.com, PriceMyFuneral.com and Funeral Nation TV.


Is CCMS Going Bankrupt?

The funeral profession is asking one question: What is happening with Cincinnati College of Mortuary Science?

CCMS, the oldest and most respected mortuary science college in the country, has announced it will now be housed at Xavier University. In this exclusive Connecting Directors interview, we sit down with leadership to answer every question submitted by the funeral community on Facebook, including the big one: Is this a financial collapse?

We cover why CCMS is moving to Xavier University and why leadership says it’s a good thing, the $7.2 million campus sale and where the money goes, whether CCMS is going bankrupt or if financial mismanagement played a role, what happens to the Endowment Fund and ongoing donations, the history between CCMS and Xavier University, how current students are affected, how admissions will change, how online mortuary science degrees actually work, the future of the CCMS brand and its standing in death care education, and what students gain by being part of a full university including minors, housing, and resources.

Whether you’re a funeral director, a prospective mortuary science student, or a death care professional watching this closely, this is the most transparent conversation CCMS leadership has had publicly.