Quote:
|
I don't think it's realistic to suggest that students and their families should make annual financial reports, budgets, and IPEDS finance reporting a significant tool in their college search and decision-making, or the first one they should start with.
|
The reason to look at the financials is to find out whether the college is financially stable and in equilibrium. The admissions brochures usually don't tell you when a college is spending 8% of its endowment on operating expense, defering maintenance, and planning major cuts in the faculty over the next four years to balance the books.