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Sweet Briar College to close because of financial challenges
Washington Post ^ | March 3, 2015 | Nick Anderson and Susan Svrluga

Posted on 03/04/2015 6:59:59 AM PST by C19fan

For more than a century, Sweet Briar College has offered women a liberal arts education in a pastoral setting near Virginia’s Blue Ridge Mountains. Equestrian programs, a tight-knit residential community and, lately, an engineering science degree, have been its hallmarks.

On Tuesday, the college’s leadership abruptly announced its closure to stunned and tearful audiences of faculty and students. Officials cited “insurmountable financial challenges,” saying the 700-student college, founded in 1901, would shut down permanently in August. An $84 million endowment, officials said, was not enough to offset ebbing demand for their school in a tumultuous market.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Culture/Society; US: Virginia
KEYWORDS: college
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A lot of these small liberal colleges are going to bite the bust. Not worth going into $200 K into debt to attend one of these places. There are places with cache attached to the name but places that are not high status like Sweet Briar are going to disappear.
1 posted on 03/04/2015 6:59:59 AM PST by C19fan
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To: C19fan

A women’s college is no place to earn that much sought after MRS degree! < /sarc >


2 posted on 03/04/2015 7:02:32 AM PST by JimRed (Excise the cancer before it kills us; feed & Ifwater the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: C19fan

Yesterday on NPR there was a story about this:

http://ocw.mit.edu/index.htm

Free MIT education. They said in the article it will kill some of the smaller universities. The times are a changin’. Brick and mortar universities are SOOOOOOO 20th century.


3 posted on 03/04/2015 7:03:01 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: C19fan

Wow! Sweet Bush is closing. Very sad. Spent a lot of time there (as well as Hollins College, Mary Baldwin, Southern Seminary, and Randolph Macon Woman’s College) back in the day.


4 posted on 03/04/2015 7:06:52 AM PST by Cowboy Bob (Isn't it funny that Socialists never want to share their own money?)
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To: C19fan

Peak tuition .


5 posted on 03/04/2015 7:07:33 AM PST by Paladin2
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Less Than 1.8K To Go
And The FReepathon Is Over

Please Donate!

6 posted on 03/04/2015 7:08:25 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: C19fan

There are scads of small liberal arts colleges that turn out teachers, business majors and nurses, basically. They need to merge or something.

Or, they need to stop trying to compete with colleges that offer resort-league fitness centers and “cool” dorms and do a cut-rate, simple, plain-Jane educational plan with a cheap price.

Also, every girls college needs a corresponding boys college.


7 posted on 03/04/2015 7:08:52 AM PST by married21 ( As for me and my house, we will serve the Lord.)
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To: C19fan

I’m surprised they do not try to become a straight on line college.

Within 20years, I am betting the vast majority of college ed will be on line only.


8 posted on 03/04/2015 7:10:10 AM PST by Adder (No, Mr. Franklin, we could NOT keep it.)
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To: C19fan

Small liberal arts colleges, with acres of sprawling lawns and dozens of old, high maintenance buildings with ivy covered walls are... OBSOLETE!! Many are being killed off by the quickly growing rise in online classes. The Internet has struck once again.


9 posted on 03/04/2015 7:12:15 AM PST by Cry if I Wanna (.)
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To: C19fan
An $84 million endowment, officials said, was not enough to offset ebbing demand for their school in a tumultuous market.

Do the math. That works out to $120,000 per student. There are plenty of colleges delivering great educations for $15K per year or less, or about half the endowment per student ratio for four years.

This is a great list of where to start looking.

10 posted on 03/04/2015 7:13:35 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Cowboy Bob

There was a women’s college in Fredrick, MD as well. I forgot the name, but it was commonly referred to as the “Navy school of wives”.


11 posted on 03/04/2015 7:13:48 AM PST by kosciusko51
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To: C19fan
I believe a small college could survive and even thrive if it dispensed with the fooforah and focused on high academic excellence. I know they all say they do, but with junk like Womens' Studies, Urban Planning, European Literature, and other useless options cluttering the curriculum, the useful stuff gets lost in the overhead.

Offer half a dozen relevant majors: hard sciences and/or engineering. Make them tough. Make them rigorous. Make the graduates highly prized and superb at what they're taught. Let the liberal arts wastelands pick up the slackers; appeal to the student who wants a real education and a real intellectual challenge.

You'd make it.

12 posted on 03/04/2015 7:14:31 AM PST by IronJack
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To: Cowboy Bob

Not to get personal but are you a man, and were you searching for students from these women’s colleges??? Sounds like you made the rounds.........


13 posted on 03/04/2015 7:48:01 AM PST by Dilbert San Diego
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To: cuban leaf

MIT OpenCourseWare has been around for a decade.

There is also coursera.org.

But, yes, this is hopefully the future - even to public primary and secondary education.


14 posted on 03/04/2015 7:51:24 AM PST by ican'tbelieveit
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To: ican'tbelieveit

Yep, I’ve been sending people to Kahnacademy.org and mit for a very long time.

But it looks like they may be starting to hit critical mass.


15 posted on 03/04/2015 7:52:53 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: cuban leaf

With coursera, you can earn a certificate of completion - about $50 per course or so.

And recently they have even offered a series of courses to show competence in a field - kind of like a degree.


16 posted on 03/04/2015 7:55:04 AM PST by ican'tbelieveit
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To: C19fan

My niece graduated from Sweet Briar last year. This news has shocked our area. No one knew they were having financial problems. Another local college, Randolph-Macon, had well-known money issues a few years ago. They went co-ed, which seemed to rectify the problem.

I can’t help but wonder what will come out later.

Regardless, now there will be 3200 acres of land and 115 year old buildings left deserted. They’ll probably be turned into welfare apartments.


17 posted on 03/04/2015 7:55:17 AM PST by CatherineofAragon ((Support Christian white males---the architects of the jewel known as Western Civilization.))
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To: IronJack

Yep. Someone should buy it and turn it into a business/IT school. Nothing but computer code and accounting.


18 posted on 03/04/2015 7:55:22 AM PST by AppyPappy (If you are not part of the solution, there is good money to be made prolonging the problem.)
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To: CatherineofAragon

I also have a niece who graduated from Sweet Briar and it is a real shame to see this school close down.


19 posted on 03/04/2015 8:14:20 AM PST by Pelham (The refusal to deport is defacto amnesty)
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To: Dilbert San Diego
Yes, I am a man. Graduated from VMI back in 1980.

Back then, W&L and VMI were all male. We were surrounded by 5 all female schools. Life was good...

20 posted on 03/04/2015 8:14:26 AM PST by Cowboy Bob (Isn't it funny that Socialists never want to share their own money?)
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