Higher Education News (non-UNC Charlotte)

Population decline. Hmmm. A period of baby bust. I suggest we call them the Baby Bust Generation. OK, Buster! Has a nice ring to it. :laughing:

My business is done totally on line now and I fear I’m not very good at it. My biggest asset in my work life was being able to meet with people and have face to face time. Good thing I’m almost to retirement so I only have to fake it for a little while longer.

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I’m glad I’m in my way out as well. With AI, the change is going to be so swift in the workplace. I just want to hang on long enough without having to reinvent myself again.

Yes you should post! Spot on!!!

Maybe Limestone just sucks? The small private college my daughter attends is building new dorms due to record high enrollment.

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https://x.com/StAndrewsUniv/status/1915792925654462767

freddie mercury GIF

That’s sad to hear. I have family who attended St. Andrews and my mother was a graduate of one of the two institutions that merged to create what was initially St. Andrews Presbyterian College in 1958.

Didn’t realize when I posted these photos in a different thread back in December that anything was amiss in Laurinburg:

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clt says this is bigly news, that school was OLD

I started college at St. Andrews in 1995. Transferred to Charlotte after one year. The school was in financial trouble then, and seemed to escape death every 5 years or so. Honestly, can’t believe they managed to keep it open that long. Sad to hear, for sure.

https://x.com/TheColeBryson/status/1917401436163363254

https://x.com/followLimestone/status/1917405369237713363

Sad news.

Two Carolina’s schools in one year.

Anyone know if others are in danger?

St Augustine’s just outside downtown Raleigh is in serious danger. Went to online last year and tried to resume this year but serious financial problems. They had a land lease deal to attempt to keep them afloat with a travel sports company that the state gov’t overruled.

That sounds bad. Once it gets to that level it seems like there is no coming back.

Any school without a big endowment is likely in trouble. The finances can’t be good.

Hard to know that information though. Catawba has a massive endowment, they will be fine. Some of these small D2 and D3 schools, or even schools that don’t offer athletics, may be in trouble in the immediate future. Many of these small private schools are operating on a model of bringing in as many athletes as they can possibly manage, and promising them a roster spot. This doesn’t only keep the athletic department afloat, but it keeps the entire school afloat. Any school that is 70/80% (or more) athletes is probably having similar conversations to avoid this. Saint Andrews had recently started football to attempt to drive enrollment.

A lot of the colleges tout this. I didn’t realize it was a survival mechanism.

A lot of these schools would have gone under a long time ago if they didn’t offer little johnny a chance to be a college athlete.

I don’t want to mention any schools, but there are two schools in the region that have 100+ players on their baseball roster for this exact reason. Obviously, that is sub D1, as our rules do not allow for that.

Dang, you weren’t kidding… Today I learned:

This gift, combined with a $200 million gift in 2021 and $42 million in 2022, pushes the college’s endowment to more than $580 million. The per student endowment now approaches $500,000, which is among the highest in the Southeast.

That’s from last fall.

For comparison our endowment is around $345 million, or around $11,500 per student.

I suspect there’s a decent amount of Food Lion $ that has gone into their coffers over the years. Salisbury really supports that school.

People like to give Nido Qubein a hard time because he’s so unconventional, but without him HPU is probably already out of business.

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