Posted on 07/24/2019 9:26:44 AM PDT by robowombat
My brother, a recently minted PhD took a job at Sweet Briar College in Virginia which announced it was closing in 2015 for financial reasons.
They were kept open only due to the generosity of many rich and famous alumni but, at some point, that well is likely to run dry.
My brother is moving on to a more stable position at the state university level in Kansas.
In general, university endowments are enormous (but restricted). Even Sweet Briar has an $84 million endowment for a faculty of 110 and a student body under 500 at the time they announced closure. Generous alumni donations plus more serious courses (such as my brother teaches), have put them on a possible but narrow path to survival.
However, were such endowments put into loan funds which schools could be paid back from as graduates moved on to the real world, real jobs and real income, they could operate in perpetuity.
But that would require that they actually teach something which results in real jobs and real income. To achieve that, you would severely need to limit the number of leftwing faculty teaching fluff courses.
TRUMP CURSE!!!!
‘Imagine the dopamine hit these people continually get from realizing just how amazing they are for taking these brave positions!’
my niece went to this place; very pricey...and naturally she ended up marrying a woman...
Juniata College; Jerry Sandusky’s stomping grounds just prior to his reign of error at Penn State being uncovered...
Well, they can sell their school’s excellent faculty-to-student ratio.
North Dakota has a state owned bank which offers students at colleges in the state comparable great rates. The default rate is also near 0% because most of the loan funds are limited to students studying actual skillsets which result in actual jobs and making progress toward graduation. If you want to study one of the few fluff majors offered in North Dakota, the amount you can borrow is severely restricted.
These are just two highly successful models, one private and one public, to make Fedzilla loans non-essential.
A New England campus for Hillsdale would be even better.
Hampshire was a hippy wet dream college for my colleagues graduating in New Joisey in 1971.
“A New England campus for Hillsdale would be even better.”
Strongly agree.
Read about it
It makes Bennington or Reed or Smith look like the Citadel or Harding
A looney bin college
Has one major alum Ken Burns who keeps it alive
Sure does. I’d never heard of it being this bad before, but I knew it was pretty bad.
Mmmmmmm.....reading "The List" seems to be de riguer for the left....must be how the libs get their thrills.
Lash might be having problems getting it up....... reading The List is lefty viagra.
Who knew?
OIC
I hadn’t heard of that. It does sound like another normal situation for a Democrat though.
Thank you.
They should make the place tuition free, like Burlington College.
Why badmouth Juanita. Know someone who attended. It’s in PA. Big on biology and environmental programs. The person i know who went there turned down 8 other schools.
Get woke, go broke..........................
no big loss, it was a fake college anyway: selling “students” the college “expedience” sans actual education ...
Maybe they’ll turn it into a Retirement Home for Illegals
Liberals. Such fools. Such hypocrites.
The prime movers of hate and violence in America today are those who feel exactly the same about the flag, the country, mom and apple pie.
I'm convinced every liberal, democRAT, Liebertarian, and socialist are pathological attention whores, first and foremost. They function without reason or logic. Just following the latest mantra on High Times.
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