Probably not a huge deal - he's finished his final exam so will presumably graduate in the next few weeks. And since the summer vacation (=fewer students on campus) is approaching I guess he'd see a drop in traffic anyway.
In fact this could be the start of his marketing campaign for next intake of students...
It still might be worth it from the perspective of getting jobs after college. "Oh! You're the FitFinder guy? I've heard of that. I heard that was super-popular before you got shut down."