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Colleges in Dire Financial Straits

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

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dismalist

There's a sweatshirt: Limit, as GPA goes to zero, Engineering major goes to Business major. :-)
That's not even wrong!
--Wolfgang Pauli

spork

Vermont College of Fine Arts:

https://vtdigger.org/2022/06/15/vermont-college-of-fine-arts-plans-to-end-on-campus-programs-may-sell-buildings/.

The college has run deficits since 2015 and its liabilities nearly equal its assets. It's dead.

It's terrible writing, used to obfuscate the fact that the authors actually have nothing to say.

apl68

Quote from: spork on June 16, 2022, 02:21:32 AM
Vermont College of Fine Arts:

https://vtdigger.org/2022/06/15/vermont-college-of-fine-arts-plans-to-end-on-campus-programs-may-sell-buildings/.

The college has run deficits since 2015 and its liabilities nearly equal its assets. It's dead.

Looks like the institution has been reinvented multiple times over the years to keep going.  It must have taken a lot of hard work and ingenuity to get the place this far.  Spork is likely right that it about to reach the end of the line as an institution of higher education.  Hope somebody can at least find a good new use for the campus.  It would be a shame to have it go to waste.
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.

Hibush

Quote from: apl68 on June 16, 2022, 07:30:04 AM
Quote from: spork on June 16, 2022, 02:21:32 AM
Vermont College of Fine Arts:

https://vtdigger.org/2022/06/15/vermont-college-of-fine-arts-plans-to-end-on-campus-programs-may-sell-buildings/.

The college has run deficits since 2015 and its liabilities nearly equal its assets. It's dead.

Looks like the institution has been reinvented multiple times over the years to keep going.  It must have taken a lot of hard work and ingenuity to get the place this far.  Spork is likely right that it about to reach the end of the line as an institution of higher education.  Hope somebody can at least find a good new use for the campus.  It would be a shame to have it go to waste.

A 350-student fine-arts school seems like a tall order to begin with. But how attractive is their "low-residency master's degree in six artistic disciplines". Wouldn't residency be the big attraction for students in creative arts? Or do they cater to people with time and money who can practice during the year then spend a couple fun summer weeks in Montpelier (or now Colorado)?

Wahoo Redux

Artists are generally motivated by the desire to do art. 
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.

Ruralguy

The camps will become cute condos. Nobody else has use for a campus.

dismalist

Quote from: Wahoo Redux on June 16, 2022, 10:24:49 AM
Artists are generally motivated by the desire to do art.

Like Mother Theresa being motivated to do good. All subject to a budget constraint.
That's not even wrong!
--Wolfgang Pauli

apl68

It's now official.  Henderson State University is being repurposed as something other than a state SLAC:


Quote"We are committed to opening the door of access to college, mobilizing a learning community that builds seamless pathways from school to work, and preparing students to be career ready in high-demand fields that drive community and economic development," Ambrose said. "Henderson has made necessary spending cuts to restore our fiscal integrity, improve our cash position and build a sustainable resource allocation model. But just as important is the reallocation of financial resources to build personalized student pathways and support to ensure retention and degree completion for all students."

Ambrose said Henderson is creating an Interstate 30 learning community from Saline County to Arkadelphia that includes partnerships with K-12 school districts, ASU Three Rivers in Malvern and Saline County Career Technical Campus in Benton.

"Our collective efforts in policy and practice will fundamentally redefine the college student," he said. "We will value not only traditional incoming freshmen and graduate students, but also high school students who are getting a head start with college courses, adults who have some college but no degree, and ongoing educational opportunities for all adult learners. We also want to connect with high school students who may not believe college is possible, and adults who never had the opportunity and want to reconsider college education to enhance or change careers.


http://www.magnoliareporter.com/education/colleges_universities/article_a2d87104-fea9-11ec-ad00-cfd651674749.html



And here's a link to "Reimagining Henderson:  Academic Performance and Program Viability."  Worth a look, to see what may be coming for other small publicly-supported schools.


https://www.hsu.edu/uploads/pages/academic_performance_and_program_viability.docx.pdf


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.

sonoamused

This sounds like they are expanding a lot of community college and extension programs into the typical 4yr college; its probably not the worst idea if the area was not underserved in that sense.

Quote from: apl68 on July 08, 2022, 12:58:26 PM
It's now official.  Henderson State University is being repurposed as something other than a state SLAC:


Quote"We are committed to opening the door of access to college, mobilizing a learning community that builds seamless pathways from school to work, and preparing students to be career ready in high-demand fields that drive community and economic development," Ambrose said. "Henderson has made necessary spending cuts to restore our fiscal integrity, improve our cash position and build a sustainable resource allocation model. But just as important is the reallocation of financial resources to build personalized student pathways and support to ensure retention and degree completion for all students."

Ambrose said Henderson is creating an Interstate 30 learning community from Saline County to Arkadelphia that includes partnerships with K-12 school districts, ASU Three Rivers in Malvern and Saline County Career Technical Campus in Benton.

"Our collective efforts in policy and practice will fundamentally redefine the college student," he said. "We will value not only traditional incoming freshmen and graduate students, but also high school students who are getting a head start with college courses, adults who have some college but no degree, and ongoing educational opportunities for all adult learners. We also want to connect with high school students who may not believe college is possible, and adults who never had the opportunity and want to reconsider college education to enhance or change careers.


http://www.magnoliareporter.com/education/colleges_universities/article_a2d87104-fea9-11ec-ad00-cfd651674749.html



And here's a link to "Reimagining Henderson:  Academic Performance and Program Viability."  Worth a look, to see what may be coming for other small publicly-supported schools.


https://www.hsu.edu/uploads/pages/academic_performance_and_program_viability.docx.pdf

mamselle

Quote from: dismalist on June 16, 2022, 03:11:51 PM
Quote from: Wahoo Redux on June 16, 2022, 10:24:49 AM
Artists are generally motivated by the desire to do art.

Like Mother Theresa being motivated to do good. All subject to a budget constraint.

Can't recall if I've recommended this before or not, but if I did, you apparently haven't read it yet, Dismal!

    https://www.hup.harvard.edu/catalog.php?isbn=9780674659681

;--}

M. 
Forsake the foolish, and live; and go in the way of understanding.

Reprove not a scorner, lest they hate thee: rebuke the wise, and they will love thee.

Give instruction to the wise, and they will be yet wiser: teach the just, and they will increase in learning.

dismalist

Quote from: mamselle on July 14, 2022, 08:44:20 AM
Quote from: dismalist on June 16, 2022, 03:11:51 PM
Quote from: Wahoo Redux on June 16, 2022, 10:24:49 AM
Artists are generally motivated by the desire to do art.

Like Mother Theresa being motivated to do good. All subject to a budget constraint.

Can't recall if I've recommended this before or not, but if I did, you apparently haven't read it yet, Dismal!

    https://www.hup.harvard.edu/catalog.php?isbn=9780674659681

;--}

M.

It's too expensive! :-)
That's not even wrong!
--Wolfgang Pauli

mamselle

OK, here's an interview with the basics:

At:

   https://ldausa.org/about/sunday-magazine/#fall2019

See:
   Fall, 2017, p. 12

and
   Spring, 2017, p. 16

Free!

M.
Forsake the foolish, and live; and go in the way of understanding.

Reprove not a scorner, lest they hate thee: rebuke the wise, and they will love thee.

Give instruction to the wise, and they will be yet wiser: teach the just, and they will increase in learning.

dismalist

Quote from: mamselle on July 14, 2022, 09:20:45 AM
OK, here's an interview with the basics:

At:

   https://ldausa.org/about/sunday-magazine/#fall2019

See:
   Fall, 2017, p. 12

and
   Spring, 2017, p. 16

Free!

M.

One would have to pay me to listen! There's no such thing as a free lunch. :-)
That's not even wrong!
--Wolfgang Pauli

mamselle

Even worse than listening--you have to READ it....

M.
Forsake the foolish, and live; and go in the way of understanding.

Reprove not a scorner, lest they hate thee: rebuke the wise, and they will love thee.

Give instruction to the wise, and they will be yet wiser: teach the just, and they will increase in learning.

apl68

Quote from: mamselle on July 14, 2022, 08:44:20 AM
Quote from: dismalist on June 16, 2022, 03:11:51 PM
Quote from: Wahoo Redux on June 16, 2022, 10:24:49 AM
Artists are generally motivated by the desire to do art.

Like Mother Theresa being motivated to do good. All subject to a budget constraint.

Can't recall if I've recommended this before or not, but if I did, you apparently haven't read it yet, Dismal!

    https://www.hup.harvard.edu/catalog.php?isbn=9780674659681

;--}

M.

Shucks, you can save the cost of that item by just remembering Matthew 6:24: 

"No man can serve two masters.  Either he will love the one and hate the other, or hold to the one and despise the other.  You cannot be a slave both to God and to wealth."  Lots of other good stuff in the next few verses after that, too.
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.