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Colleges in Dire Financial Straits

Started by Hibush, May 17, 2019, 05:35:11 PM

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spork

College of Saint Rose. $4.6 million deficit on $111 million total expenses for FY 2022, despite $14.5 million in government grants and almost $6 million in private contributions. Undergraduate FTE enrollment has fallen by more than 25% over the last five years. 
It's terrible writing, used to obfuscate the fact that the authors actually have nothing to say.

apl68

Saint Rose has been mentioned on the "Dire Straits" threads several times over the years, hasn't it?
And you will cry out on that day because of the king you have chosen for yourselves, and the Lord will not hear you on that day.

lightning

Quote from: apl68 on September 27, 2023, 01:13:40 PMSaint Rose has been mentioned on the "Dire Straits" threads several times over the years, hasn't it?


Yes, Saint Rose has been mentioned.

Last June, Saint Rose got a warning letter from MSCHE about its finances and had given them six months to get their act together. Before the warning from MSCHE, Saint Rose had already cut a lot of programs. Check out which programs survived the cuts and you'll that there are traditional majors that are conspicuously absent from their bachelors degree offerings (math, chemistry, physics, French/German/Spanish/Latin, Theater, Fine Arts, Graphic Arts, traditional music programs, Econ, etc).

Saint Rose had already laid off tenured professors, even after court challenges.

Even after all these sacrifices and cuts, it was not enough, and they are in danger of losing their accreditation. Some of the faculty had even turned on each other and were offering each other up as sacrificial lambs to admin, so they could save their own skins.

To add insult to injury, MSCHE is saddling them with warnings to improve their Assessment administrivia, as if they had and will have time for that s**t.

Saint Rose is circling the drain.

Hibush

Quote from: Wahoo Redux on July 12, 2023, 10:27:57 AMIHE: Fighting for Scraps in Pennsylvania

Lower Deck
QuoteEnrollment in the state has plummeted, but it has one of the highest ratios of institutions to students in the country. The result is fierce competition over a dwindling pool of applicants.

QuoteWhile the more popular campuses are stable or growing, many of the state's public institutions have seen drastic enrollment declines since 2010. Enrollment at Penn State's University Park campus is up 8 percent since 2010, and Pitt Oakland is up by 1 percent. But when the numbers at the two institutions are considered, including all of their campuses, both have suffered drops of over 30 percent, according to public data from the institutions. PASSHE's systemwide enrollment has also fallen by 30 percent in the same period.



A positive result today as the Wall Street Journal issued their latest rankings showing that PASSHE's Indiana University of Pennsylvania placed #1 among party schools. (Survey was based on student satisfaction, not external criteria of festivity.)  Will this development help recruit more students from Pittsburgh? From Morgantown?

librarygal

A year after the Workforce Management Framework. "ESU sees highest enrollment decline of all state universities amid $17.7 million funding request to KBOR"


http://www.emporiagazette.com/gaz/article_df598aac-5d42-11ee-a62a-e79237b4341c.html

apl68

Quote from: Hibush on September 27, 2023, 05:06:49 PM
Quote from: Wahoo Redux on July 12, 2023, 10:27:57 AMIHE: Fighting for Scraps in Pennsylvania

Lower Deck
QuoteEnrollment in the state has plummeted, but it has one of the highest ratios of institutions to students in the country. The result is fierce competition over a dwindling pool of applicants.

QuoteWhile the more popular campuses are stable or growing, many of the state's public institutions have seen drastic enrollment declines since 2010. Enrollment at Penn State's University Park campus is up 8 percent since 2010, and Pitt Oakland is up by 1 percent. But when the numbers at the two institutions are considered, including all of their campuses, both have suffered drops of over 30 percent, according to public data from the institutions. PASSHE's systemwide enrollment has also fallen by 30 percent in the same period.



A positive result today as the Wall Street Journal issued their latest rankings showing that PASSHE's Indiana University of Pennsylvania placed #1 among party schools. (Survey was based on student satisfaction, not external criteria of festivity.)  Will this development help recruit more students from Pittsburgh? From Morgantown?

Any school with a name like Indiana University of Pennsylvania was always going to have a struggle being taken seriously....
And you will cry out on that day because of the king you have chosen for yourselves, and the Lord will not hear you on that day.

Wahoo Redux

Quote from: apl68 on September 28, 2023, 07:32:07 AMAny school with a name like Indiana University of Pennsylvania was always going to have a struggle being taken seriously....

Hey, if all you want is job training, you might as well have a grand old time while getting it!
Come, fill the Cup, and in the fire of Spring
Your Winter-garment of Repentance fling:
The Bird of Time has but a little way
To flutter--and the Bird is on the Wing.

Hibush

Quote from: apl68 on September 28, 2023, 07:32:07 AMAny school with a name like Indiana University of Pennsylvania was always going to have a struggle being taken seriously....

On that point, they have to compete with nearby California University of Pennsylvania.

little bongo

Quote from: Hibush on September 28, 2023, 06:54:22 PM
Quote from: apl68 on September 28, 2023, 07:32:07 AMAny school with a name like Indiana University of Pennsylvania was always going to have a struggle being taken seriously....

On that point, they have to compete with nearby California University of Pennsylvania.

I suppose this outs me to a large extent, but I'm in my 13th year at IUP. I can't speak with absolute authority on the partying, although I'm aware that Homecoming and "IUPaddy's" (centered around a weekend near St. Patrick's Day) are pretty notorious. As a prof, I will usually briefly address the class about upcoming bacchanalia with a few warnings about being safe, try not to get arrested, and that we don't recognize the big parties as school holidays, so you're still expected in class. We do our best.

Indiana, PA is also the home town of noted actor James Stewart. If you cross Philadelphia Street in the middle of town, you hear impressionist Rich Little doing his best Jimmy Stewart telling you that it's ok to cross the street ("take you time," he adds folksily at the end). Good Jimmy Stewart museum in town, too.

Hibush

Quote from: little bongo on September 29, 2023, 09:38:03 AM
Quote from: Hibush on September 28, 2023, 06:54:22 PM
Quote from: apl68 on September 28, 2023, 07:32:07 AMAny school with a name like Indiana University of Pennsylvania was always going to have a struggle being taken seriously....

On that point, they have to compete with nearby California University of Pennsylvania.

I suppose this outs me to a large extent, but I'm in my 13th year at IUP. I can't speak with absolute authority on the partying, although I'm aware that Homecoming and "IUPaddy's" (centered around a weekend near St. Patrick's Day) are pretty notorious. As a prof, I will usually briefly address the class about upcoming bacchanalia with a few warnings about being safe, try not to get arrested, and that we don't recognize the big parties as school holidays, so you're still expected in class. We do our best.

Thanks for chiming in! Your address to the students may be helping with that critical score since getting arrested is a dissatifying party experience.

Might as well use the notoriety to keep applications coming. On a serious note, would any WVU students from WPA consider transferring to IUP given that schools challenges described upthread?

lightning

QuoteAny school with a name like Indiana University of Pennsylvania was always going to have a struggle being taken seriously....

Indiana University of Pennsylvania is still better off than Indiana University, insert any IU satellite campus in the state of Indiana.

Wahoo Redux

IHE: Citing Significant Budget Deficits, Several Colleges Face Cuts

Lower Deck:
QuoteThe affected institutions include Christian Brothers, Delta State, Lane Community College, Miami University, St. Norbert and Shepherd.
[/url]
Come, fill the Cup, and in the fire of Spring
Your Winter-garment of Repentance fling:
The Bird of Time has but a little way
To flutter--and the Bird is on the Wing.

Wahoo Redux

Come, fill the Cup, and in the fire of Spring
Your Winter-garment of Repentance fling:
The Bird of Time has but a little way
To flutter--and the Bird is on the Wing.

sonoamused

I know a student at LCC, and there seems to be a lot of bad blood between Admin and well, everyone else about the way Admin has tried to go about the cuts.  It sounds very ugly.

sonoamused

Quote from: spork on September 27, 2023, 01:07:46 PMCollege of Saint Rose. $4.6 million deficit on $111 million total expenses for FY 2022, despite $14.5 million in government grants and almost $6 million in private contributions. Undergraduate FTE enrollment has fallen by more than 25% over the last five years. 

I was a student in the Albany area over 25 years ago and was amazed St Rose was in business then. I fully expected it to go under about 15 years ago when my current employer saw a lot of upticks in job applications from long time faculty there.   I think they have ran on a prayer in a very tight educational environment for way longer then was expected.