Syracuse University issues financial warning as admissions slump: We’re in the red

Anonymous
10 years
Anonymous
Look at all the recent missed or declining target numbers....UVM, Syracuse, UOregon, UDenver. Satellite campuses in big state systems getting totally killed even in high growth states (e.g ECU, UNCG, etc).
Anonymous
Anonymous wrote:I don't think Syracuse is going to fail but what is the fix for them?


Relocate its campus to Boston and watch 50,000 status-obsessed Chinese and Indian students flood its admissions inbox?
Anonymous
Architecture is good, too.
Anonymous
We will see majority of small (SLACs) private colleges closing in the next five years.
Anonymous
This is the beginning of the demographic cliff.
Anonymous
America does not want to experience college walking between snow trenches. That’s their fundamental problem. If Syracuse was as far south of NYC as it is north, Syracuse would be fine.
Anonymous
they have too much bloat.

this was the warning the school was telling its employees.

my guess is 10-15% of employees can get cut without any significant impact on students
Anonymous
Every school could cut their "Vice deans" by 75% and be fine. So much bloat in higher ed.
Anonymous
Good chance Syracuse is eaten up by the SUNY system. SUNY doesn't really have great flagships, and Syracuse could be it for CNY. They have Morristown, Potsdam, and Binghamton, which are pretty blah. How would this work? Syracuse would probably get to keep its endowment like UVA, and the admin systems would merge into SUNY, which *in theory* could save a lot of money, sort of like a corporate merger. I think U of R is also on that list.
Anonymous
Anonymous wrote:
Anonymous wrote:I don't think Syracuse is going to fail but what is the fix for them?


Relocate its campus to Boston and watch 50,000 status-obsessed Chinese and Indian students flood its admissions inbox?


Maybe Indian students, Chinese student population is going to fall off cliff, worst you'd never seen.
Anonymous
I suspect that many schools in this tier will face similar conditions.
Anonymous
Anonymous wrote:We will see majority of small (SLACs) private colleges closing in the next five years.


Are you high?
Anonymous
Anonymous wrote:This is the beginning of the demographic cliff.


There is no cliff, but rather a slow glide to a plateau that is about 12-14% below the current population over the next 15 years. Contrary to popular belief the northeast is not affected any worse than the Western and Middle states. The South is projected to stay flat though migration trends are starting to move against them which may mitigate some of the hit to other areas if it continues.
Anonymous
Anonymous wrote:Loss of international (full pay) students didn’t help either.


They specifically called this out as the reason for the under enrollment. They need a plan for less reliance on international students. In the same way that it has traditionally functioned as a safety school for downstate private school kids it has functioned as an acceptable school for wealthy international students.
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