Middlebury 2024 acceptance rate sees uptick to 24%

The increase in number of students staying on campus is not expected to be from over enrollment of first years, but because there are about 200 students who were expected to study abroad, but likely will not be able to do so. The yield from first years for Vermont private colleges is expected to drop 10%-30%.

As for the choice for universal pass/fail, well, colleges are not, and should not, be guided by what students want, when they make academic based decisions. So it doesn’t really matter whether there is a “huge student movement”.

Middlebury is facing exactly the same situation that every other college is now facing, and is much better placed to weather this than the vast majority of colleges out there. Having an endowment of over a billion does help, you know. A budget shortfall of $17 million from a budget of close to $290 million is pretty small, all things considered.

Also, so Professor Swenton thinks that Middlebury needs to get rid of the MIIS to save money. How does that relate to anything here?

I’m sorry that you had to vacate the dorms and do the rest of your semester online. It sucks, but that is what life is like now. It will get better.

The alternative, accessing a waiting list at a later time, may represent an insecure approach to building a class:

https://www.insidehighered.com/admissions/article/2020/04/13/yield-rates-and-admit-rates-are-flux

CC viewers may be interested to see that @MWolf’s alternative perspectives in reply #3 were used to conclude a Middlebury Campus article on a topic similar to that of this thread:

https://middleburycampus.com/49522/news/admissions-markets-midd-in-a-year-roiled-by-economic-downturn-public-health-crisis/

I didn’t write that article, I promise ?

I do think that, with last year’s 24% acceptance rates, there may be more applicants next year.

By this new analysis, Middlebury has been predicted to “thrive”: https://www.parents.com/kids/education/college/these-tk-prestigious-colleges-could-close-because-of-the-pandemic/.

I’ve already trashed Galloway’s study in multiple places, so I’ll just say that he is ignoring a decade or two of good research on the reasons that small colleges close, and making up his own really bad methodology and coming up with results which are frankly ridiculous in too many cases.

Midd will weather this storm, but that is regardless of any prediction that Galloway provides.

For those interested in Galloway’s research, this article provides several critical responses to his findings (including, to an extent, from Galloway himself): https://www.masslive.com/news/2020/07/clark-university-mount-holyoke-college-umass-boston-and-dartmouth-are-most-likely-to-perish-according-to-new-analysis.html.

At the macro-level, COVID-19 is likely to make some schools that have been in financial difficulty unsustainable - but this is hardly news, especially in Vermont.

VT has seen Southern Vermont College, Marlboro, Green Mtn College and College of St Joseph close or merge in the last 18 months - before COVID-19. All of them suffered from small endowments, high fixed costs, heavy reliance on tuition for their operating budget, many fewer 18 year olds in New England and low selectivity. See: https://vtdigger.org/2019/03/08/deeper-dig-vermont-colleges-keep-closing/

The VT state college system is also in deep financial trouble for the same reasons, but when the Chancellor said so, he got fired. (https://vtdigger.org/2020/04/21/vermont-state-colleges-need-25-million-now-even-without-campus-closures/)

So in an industry with overcapacity, some over-extended suppliers and fierce competition, you would expect closures or mergers amongst the weakest providers. Where I break with Galloway’s research is a common-sense check: those with large endowments, strong brands and loyal alumni - Smith, Wellsley, Brandeis and (probably) Mt Holyoke - will be fine; greater selectivity over a five-year horizon certainly helps - and the idea that Wellsley is less safe than the College of the Holy Cross is risible on its face.

Midd too will be fine, and I expect that there will be capital campaign when this is over to boost the endowment and what is for me the key figure - Endowment/Student, where Williams continues to set the pace for NLACS.