Replies to: Rest in Peace: College Closings

• #181

  MAandMEmom Registered User Posts: 1,416 Senior Member

  January 31

  I work in higher ed in MA and I saw a chart the other day published by our Department of Higher Education and yikes, the cliff at about 2025 is super scary! I think it is prudent for any college-going family to dig deep into learning about prospective college endowments. In my book, anything under $100m should be looked at closely. There are just so many small LACs in NE and unfortunately, a good number of them will not be able to make it in the coming years unless they make drastic changes now.

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• #182

  ucbalumnus Registered User Posts: 73,730 Senior Member

  February 1

  https://www.cdc.gov/nchs/data/nvsr/nvsr67/nvsr67_08-508.pdf table 2 on page 3 shows birth numbers in the US by year. Note the drop starting 2008. That drop will affect colleges when those kids reach the age when traditional college students start college in 2026 or 2027.

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• #183

  TomSrOfBoston Registered User Posts: 14,726 Senior Member

  February 1

  @oldmom4898 "“Plenty of alumni have put Hampshire in their wills, but because the oldest of them are only 66 or 67 years old, they haven’t started dying yet. That’s problematic in the short term, but not in the long term.”"
  
  Hmmmm I think that they could have worded this better. :(

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• #184

  moooop Registered User Posts: 2,038 Senior Member

  February 1

  U of Farmington isn't the first fake college to close down:
  
  
  https://en.m.wikipedia.org/wiki/Plainfield_Teacher's_College
  
  
  

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• #185

  MinnesotaDadof3 Registered User Posts: 327 Member

  February 2

  For the record, here's the Inside Higher Ed article about Hampshire College's decision NOT to enroll a freshman class this coming fall 2019, other than reolling early-decision and previously-accepted gap-year admits:
  
  https://www.insidehighered.com/news/2019/02/02/hampshire-college-wont-admit-additional-students

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• #186

  moooop Registered User Posts: 2,038 Senior Member

  February 2

  It's a sad commentary on the counterculture youth of America that even a yurt isn't enough to get them to enroll at Hampshire.

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• #187

  MinnesotaDadof3 Registered User Posts: 327 Member

  February 10

  Green Mountain College (Vt) alums are attempting a Sweet Briar-like push to save GMC from its announced closing. See the following link to read the Times Union (Albany, NY) newspaper article:
  
  https://www.timesunion.com/news/article/Alumni-and-supporters-push-to-save-Green-Mountain-13602010.php

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• #188

  MinnesotaDadof3 Registered User Posts: 327 Member

  February 10

  Oregon College of Art and Craft will close at the end of the current semester. See the following link to the 2-8-19 Inside Higher Ed article:
  
  https://www.insidehighered.com/news/2019/02/08/small-oregon-art-college-will-close
  
  

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• #189

  dfbdfb Registered User Posts: 3,732 Senior Member

  February 10

  So I'm wondering: What's the largest endowment of a college that's announced a closure (whether it ultimately closed or not)? Is Sweet Briar (with $84M at the time) the record holder?

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• #190

  MinnesotaDadof3 Registered User Posts: 327 Member

  February 15

  The following link is to today's (2/15/19) Inside Higher Ed article and analysis about alumni attempting to save both Hampshire College (Mass.) and Green Mountain College (Vt) from closing:
  
  http://www.insidehighered.com/news/2019/02/15/opposition-hardens-against-one-college-seeking-merge-and-another-planning-close
  
  

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• #191

  Britmom5 Registered User Posts: 240 Junior Member

  February 15

  I hope they are successful at raising the money and preserving Hampshire’s unique education - but, alas, too late for us!

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• #192

  kelsmom Registered User Posts: 15,287 Senior Member

  February 16

  The sad thing for OCAC students is that they aren’t teaching out.

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• #193

  MinnesotaDadof3 Registered User Posts: 327 Member

  February 20

  The closing of one private college often does not help neighboring (or competing) colleges grow their own enrollments, according to the following Inside Higher Ed article:
  
  http://www.insidehighered.com/news/2019/02/20/presidents-skeptical-some-colleges-closing-can-help-others-survive

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• #194

  MinnesotaDadof3 Registered User Posts: 327 Member

  February 20

  Hampshire College slates April 2019 layoffs for 19 staff in its admissions and advancement offices, according to the following Inside Higher Ed article:
  
  https://www.insidehighered.com/quicktakes/2019/02/20/hampshire-announces-layoffs

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• #195

  dfbdfb Registered User Posts: 3,732 Senior Member

  February 20

  9, not 19. But still, cutting in advancement and admissions? That's eating your seed corn.

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