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Children who survive institutions face the prospect of lifetime segregation from society in facilities for adults.
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Surviving institutions would then use their government cash to make new loans rather than simply to renew or write off old ones.
Both countries' governments have poured so much money into keeping drowning banks and finance companies afloat that they need to borrow heavily from the surviving institutions.
Industry officials noted that the plan created winners as well as losers; surviving institutions would gain business from the closing or shrinking of nearby competitors.
Some hospitals are eager to hire because of a shortage of workers in fields like nursing, and, they said, surviving institutions would gain patients from the institutions that close, and so would take on new workers.
The commission estimated that its plan would increase revenue at the surviving institutions by $720 million a year, as they take on patients from the places that have closed or changed missions.
This fire sale would force surviving institutions carrying the same types of securities on their books to mark down their positions, generating more margin calls and creating more failures.
These factors will be embedded in all surviving institutions in 2025 and hence are not key differentiators in the development of the scenarios.
Institutions outlast governments, but learning to pick the right battles is the key to being that surviving institution.
The past and the present of this nation, and perhaps its future, lie here on a thousand acres of lush countryside, at the campus of the Booker T. Washington Institute, Liberia's sole surviving institution of higher learning.
"They can only survive because institutions of governance are weak.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com