There’s a lot that hasn’t happened, yet.
There was a moral failing involving a minor that was also a crime, and the leadership of the institution became complicit when they attempted to conceal it. The parents entrusted their children to this school in order to avoid this sort of immoral behavior.
As a direct result, enrollment was shunned by a substantial enough number to have forced the closure of the offending institution, a very Baptist thing to have done, and appropriate given the circumstance.