Love what you're doing, just followed the channel! :)

Hey Gary! Can you please turn up the audio on your mic next episode? I listen every week on my drive to work, but had a bit of trouble hearing this episode.

Drexel has (or used to have) a co-op program where students work while they are in school - most of their programs are longer than 4 years.

I'm expecting that the "very rare" situations will become increasingly common in the future. If one looks at the most recent college closures, I would guess the indicators mentioned here by Matt are all consistently below the 25th percentile for a number of years. As Matt posted a few days ago, the "watch list" for institutions like this is long, and appears to be getting longer.

Baylor? Do you consider SMU & TCU to be religious colleges?

Great analysis on the college navigator website. The overall financial strength of a college is very important. However, when colleges or any other business needs to cutback in some areas, odds are they will cut back on the least profitable/slowest growing areas. Make sure your student understands that just because they start at a college that offers their preferred major, doesn't mean that major will be around four years later. Great information--Gary. Thanks.

Your data are interesting, but what's the point of ranking by raw numbers? A tuition & fee revenue decrease of $35 million at a school like DePaul is qualitatively different in consequence than a tuition decrease of $35 million at a school like Columbia of Missouri. The former has annual tuition revenue that's 5x the latter. Surely you see this, and rankings arrayed by decrease as a portion of year 1 tuition revenue (or of 8-year average tuition revenue) would be both more telling and far different. This use of unscaled data appears consistent across your video reports.

Looks like to ID'ed Pittsburgh Tech a few weeks before the dam broke!

It stands to reason that other distressed institutions would welcome and facilitate additional students enrolling. I’m surprised UHSP is hemorrhaging students.

Drake University announced budget and program cuts a few weeks ago. This after they just raised $100M for a new administrative palace.

My guess is 6.

Excellent Case Study! This will hit home for many, since this is right in our backyard.

"promo sm"

College #4

I was just wondering about Illinois data this morning (almost attended Monmouth College back in the day). Looks like the big names (other than DePaul) are faring well, but the others... geesh.

Hi. CUC grad and watched several of these sites close down and now there's a fiasco of CUW selling off the AA campus as quickly as possible. This has been very enlightening.

That large drop in one school's discount may be due to a tuition reset.

IL Wesleyan endowment # is incorrect in your file s/b 265m

Great data! I agree that if the 'Private College' brand gets further tarnished there could be a rush for the door. BTW, do you have data of the number of colleges per year closed over the past 6 - 8 years?

Good info. There will be more that close in IL in the next few years. Eureka is one that is in real jeopardy of closing next year. They have debt service they can't cover a la Iowa Wesleyan. There are several others like Monmouth that are in real trouble.

Of these 13 institutions, 5/13 were Catholic (~40%). Yikes.

Did Drury's graduation go up simply because they enrolled fewer students? It's a stretch, but I'm curious given their precipitous enrollment drop.

Iowa and Wisconsin next, please! Gary, what influence has Covid relief funds had on higher ed finances? This is a broad question, I know. I ask because I wonder if these dollars start to drop away in 2022.

Also, why are Swarthmore College, U of Penn, and Carnegie Mellon not on the top lists?

Keep in mind that most of Drexel's programs are 5 year degree programs b.c. they have mandatory cooperative working requirements that last one year. Therefore, the 4 year grad rate is very misleading as most students are on the 5 year plan.

Really a terrific and also disturbing presentation. There is so much to unpack here!

I watched this video when you released it and am coming back now to tell you that you were right about Notre Dame College. They may be shutting down after this academic year finishes

With my daughter being a U of Mobile graduate, I watched this with great interest. She spent all four years there, and we did not realize that her graduation in eight semesters was so unusual. A 20% drop in endowment? Ouch! Thanks so much for your insights, Gary!

Iowa's Drake University announced budget cuts that would require program and staff cuts.

Thank you so much! You're video really helped me!!!

Gary: What happens to existing endowment funds when a college closes? I see Anderson Broaddus had an uptick in fundraising, but they’re now gone. Is it used to pay off existing debt/liabilities?

😊 'PromoSM'

Colleges can fritter away huge piles of cash adding new programs, speed up the day of reckoning inadvertently.

The time spent on the Unfunded tab is so valuable; this is a hidden indicator that not many know to dig into.

May I suggest you review the financial statements of Upper Iowa University.

I second the comment about Cardinal Stritch now closing in Spring 2023. This video was drawing on pre-pandemic data and still clearly showed major issues in enrollment loss and revenue. Their president must live in denial with his peanut butter spread excuses.

And now Cardinal Stritch has shutdown. I think you gave a good insight on Cardinal Stritch.

All colleges public and private, with except of the few mega public universities or private multi-billion-dollar endowments, have lost population. It's all about birthrates. Your channel will continue to lose credibility until you realize that this issue is a universal one. It's not per se a management one. They are all scraping the bottom of the barrel of a declining population. The colleges system as a whole is suffering the effects of educating women to have less than 2.11 children per couple.

I hate being one of those people but you should spell the names of the institutions correctly in your slides. It is Clarke University in Dubuque Iowa.

Which school in New York, Pennsylvania and Ohio for Sports Media/Broadcasting/Journalism

hofstra

They closed because its a racist town and they don't want to offer people from employment who are out of towners. Especially people from Chicagoland area. Totally pathetic.

Thank you.

☀️ 𝐩𝓻Ỗ𝓂Ø𝓈Ｍ

You could also mention the ramifications of having a degree from a defunct college.

California Marymount University is also closing.

How is Beniington College in Vermont? Any idea?

I did it! I graduated 🎓 in 2018 and I'm in Seminary now! God is good, but those rates are kind of sad.

I would love to see the worksheet but the link does not work. Truly appreciate the important information you provide.