Students seem optimistic bur realistic. On its Facebook fan page CSF is asking alumns if they would fly to New Mexico to celebrate the school if it were to close its doors. With so much up in the air it seems that many are planning a departure from the College regardless of the outcome [disclaimer: I am an adjunct faculty at CSF and have had multiple students from my current class express their transfer plans].
Whether the bill passes the House or not CSF as it currently exists will cease as of late-May when faculty and staff are let go for good. If Highlands, or another university, takes over that institution will have to rehire staff and faculty and will be forced to scramble over the summer to set up a fall semester.