Elon vs U of Richmond

[Anonymous]

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Anonymous wrote:Elon's endowment is shockingly low, both overall and per-capita. Richmond's is great both overall and per-capita. If you want a well-resourced institution that is in a fantastic position to weather the endowment cliff, go with Richmond.

Will people pay 80k for UR when they have better options because of the enrollment cliff?

I don't know how post-enrollment cliff interest would be any different from pre-2010 interest, so...yes.

The enrollment cliff changes supply and demand. If consumers have more choices because there are less applicants how would interest in UR not change?

Because numbers would just be returning to pre-2010 ish numbers across the board? So consumers would have the same choices they would've had in 2005? Also, any place with a sub 35% acceptance rate could probably fill their class 2x over and get pretty similar compositions, so it isn't the case that even if interest did wane UR would be in deep trouble. Their endowment is so large they could also just half the class size.

Will they charge 2005 tuition and pay professors 2005 salaries?

Why would they lower their tuition? If anything, they'll raise it in line with what they've done every single year or more. They certainly have more power to raise than Elon, if you're suggesting the opposite.

If they have less students to choose from they’ll have to lower tuition. They are too expensive for the enrollment cliff and not T10. UR will have to give merit like Elon.

They have the applications to fill their class at least 2x over. Also, they don't rely on tuition money, as is evidenced by their ability to meet 100% of demonstrated need, which Elon is unable to do. Also, their endowment is a great size and massive proportionate to their student body size. They could probably get by on yearly distributions alone.

If they “fill their class 2x over” and double the amount of admits the acceptance rate will skyrocket.

They don’t rely on tuition? Why do they charge anyone then?

Why in the world would they double their class size? Of course that would be crazy.

They charge tuition because it adds money to the budget? Why wouldn't they charge tuition? I only know of one college that does not charge tuition for any student.

You said they can fill their class 2x over and don’t rely on tuition. You’re right, the things you say don’t make sense.

What I was implying was that even if half of their qualified applicants stopped applying, they would be able to fill their class all the same.

Similar point for tuition, even if they did have to give full rides to half of their accepted students to get them to enroll, they would be totally fine because of their huge endowment.

I never said they would double the class sizes or that they would cease charging tuition full stop?

Once again, that would cause the acceptance rate to skyrocket to Elon’s level.

Do you have a cite that shows their endowment is unrestricted enough to support full rides for half of their student body?

[Anonymous]

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Anonymous wrote:Elon's endowment is shockingly low, both overall and per-capita. Richmond's is great both overall and per-capita. If you want a well-resourced institution that is in a fantastic position to weather the endowment cliff, go with Richmond.

Will people pay 80k for UR when they have better options because of the enrollment cliff?

I don't know how post-enrollment cliff interest would be any different from pre-2010 interest, so...yes.

The enrollment cliff changes supply and demand. If consumers have more choices because there are less applicants how would interest in UR not change?

Because numbers would just be returning to pre-2010 ish numbers across the board? So consumers would have the same choices they would've had in 2005? Also, any place with a sub 35% acceptance rate could probably fill their class 2x over and get pretty similar compositions, so it isn't the case that even if interest did wane UR would be in deep trouble. Their endowment is so large they could also just half the class size.

Will they charge 2005 tuition and pay professors 2005 salaries?

Why would they lower their tuition? If anything, they'll raise it in line with what they've done every single year or more. They certainly have more power to raise than Elon, if you're suggesting the opposite.

If they have less students to choose from they’ll have to lower tuition. They are too expensive for the enrollment cliff and not T10. UR will have to give merit like Elon.

They have the applications to fill their class at least 2x over. Also, they don't rely on tuition money, as is evidenced by their ability to meet 100% of demonstrated need, which Elon is unable to do. Also, their endowment is a great size and massive proportionate to their student body size. They could probably get by on yearly distributions alone.

If they “fill their class 2x over” and double the amount of admits the acceptance rate will skyrocket.

They don’t rely on tuition? Why do they charge anyone then?

Why in the world would they double their class size? Of course that would be crazy.

They charge tuition because it adds money to the budget? Why wouldn't they charge tuition? I only know of one college that does not charge tuition for any student.

You said they can fill their class 2x over and don’t rely on tuition. You’re right, the things you say don’t make sense.

What I was implying was that even if half of their qualified applicants stopped applying, they would be able to fill their class all the same.

Similar point for tuition, even if they did have to give full rides to half of their accepted students to get them to enroll, they would be totally fine because of their huge endowment.

I never said they would double the class sizes or that they would cease charging tuition full stop?

Once again, that would cause the acceptance rate to skyrocket to Elon’s level.

Do you have a cite that shows their endowment is unrestricted enough to support full rides for half of their student body?

If the enrollment cliff affects Richmond level schools that badly, assume Elon's acceptance rates will triple.

Richmond with 1/4th the endowment is still in a better position than Elon.

Again, I was not actually suggesting full rides for half the student body is actually something that could ever reasonably happen, it was a hypothetical brought up to service a point: a weak Richmond is as better than a strong Elon.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Elon's endowment is shockingly low, both overall and per-capita. Richmond's is great both overall and per-capita. If you want a well-resourced institution that is in a fantastic position to weather the endowment cliff, go with Richmond.

Will people pay 80k for UR when they have better options because of the enrollment cliff?

I don't know how post-enrollment cliff interest would be any different from pre-2010 interest, so...yes.

The enrollment cliff changes supply and demand. If consumers have more choices because there are less applicants how would interest in UR not change?

Because numbers would just be returning to pre-2010 ish numbers across the board? So consumers would have the same choices they would've had in 2005? Also, any place with a sub 35% acceptance rate could probably fill their class 2x over and get pretty similar compositions, so it isn't the case that even if interest did wane UR would be in deep trouble. Their endowment is so large they could also just half the class size.

Will they charge 2005 tuition and pay professors 2005 salaries?

Why would they lower their tuition? If anything, they'll raise it in line with what they've done every single year or more. They certainly have more power to raise than Elon, if you're suggesting the opposite.

If they have less students to choose from they’ll have to lower tuition. They are too expensive for the enrollment cliff and not T10. UR will have to give merit like Elon.

They have the applications to fill their class at least 2x over. Also, they don't rely on tuition money, as is evidenced by their ability to meet 100% of demonstrated need, which Elon is unable to do. Also, their endowment is a great size and massive proportionate to their student body size. They could probably get by on yearly distributions alone.

If they “fill their class 2x over” and double the amount of admits the acceptance rate will skyrocket.

They don’t rely on tuition? Why do they charge anyone then?

Why in the world would they double their class size? Of course that would be crazy.

They charge tuition because it adds money to the budget? Why wouldn't they charge tuition? I only know of one college that does not charge tuition for any student.

You said they can fill their class 2x over and don’t rely on tuition. You’re right, the things you say don’t make sense.

What I was implying was that even if half of their qualified applicants stopped applying, they would be able to fill their class all the same.

Similar point for tuition, even if they did have to give full rides to half of their accepted students to get them to enroll, they would be totally fine because of their huge endowment.

I never said they would double the class sizes or that they would cease charging tuition full stop?

Once again, that would cause the acceptance rate to skyrocket to Elon’s level.

Do you have a cite that shows their endowment is unrestricted enough to support full rides for half of their student body?

If the enrollment cliff affects Richmond level schools that badly, assume Elon's acceptance rates will triple.

Richmond with 1/4th the endowment is still in a better position than Elon.

Again, I was not actually suggesting full rides for half the student body is actually something that could ever reasonably happen, it was a hypothetical brought up to service a point: a weak Richmond is as better than a strong Elon.

I’m asking about UR, not Elon. You can’t defend your claims about UR?

[Anonymous]

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Anonymous wrote:My kind hearted sensitive girl will be attending, sad I found this post and read it. Definitely dampers some excitement and can only hope you’re all exaggerating for emphasis based on a couple people you know.

One of the PPs above. She may be fine. Try to get on a hall dorm not a suite. My kid was bullied mercilessly by her suitemates and had to move (then they moved on to another girl, who also later moved). I think a hall gives your DD more opportunity to meet a wider variety of kids. Have her get into clubs to try to find her people (mine did but one of her cruel suitemates was in the main club so that dampened it for my Dd but she did make a couple good friends that way). Frankly, had my kid been in a regular dorm, not a suite, she may have been ok. Her suitemates were very cruel (while pretending to be her friend) and it really messed her up and she spiraled downward. She moved out (oddly, to another quiet across the hall because that is all they could offer her) second semester and it was much better, although I would not say she was happy there. I think she just started on the wrong foot and never recovered. I hope your DD loves it. It’s a beautiful school and there are a lot of things to love there. I really wanted my DD to love it, but she is happier at her new school.

Sounds like every school ever.

Nope. Not really. I have had daughters at 2 other schools and not had this problem. Elon was definitely different in that way.

How awful! Glad your daughter is happier at her new school. Care to share where she ended up?

[Anonymous]

UR is THE most notorious “gamer” of the US News and world reports. In the early 2000s, the schools wasn’t ranked in the top #100 of the US News for LAC. By focusing exclusively on the ranking, above all else, it moved up and jacked tuition. It’s no Bowdoin, Kenyon, Davidson. The school is a fraud.

https://www.forbes.com/sites/akelly/2014/09/09/new-college-rankings-remind-us-of-whats-wrong-with-american-higher-education/

“Recent history is full of high-risers who played the numbers …. University of Richmond increased the sticker price of tuition by 31 percent between 2004 and 2005 alone, and lowered its admit rate from 48 percent to 31 percent over the past decade. It went from being unranked on the national liberal arts ranking to #30 in those released today.”

[Anonymous]

Anonymous wrote:UR is THE most notorious “gamer” of the US News and world reports. In the early 2000s, the schools wasn’t ranked in the top #100 of the US News for LAC. By focusing exclusively on the ranking, above all else, it moved up and jacked tuition. It’s no Bowdoin, Kenyon, Davidson. The school is a fraud.

https://www.forbes.com/sites/akelly/2014/09/09/new-college-rankings-remind-us-of-whats-wrong-with-american-higher-education/

“Recent history is full of high-risers who played the numbers …. University of Richmond increased the sticker price of tuition by 31 percent between 2004 and 2005 alone, and lowered its admit rate from 48 percent to 31 percent over the past decade. It went from being unranked on the national liberal arts ranking to #30 in those released today.”

In 2006 Richmond was ranked #34

[Anonymous]

We all (DD, DH and I) had a strong negative reaction to Richmond. Beautiful campus, but stilted, stiff, seemingly unfriendly. Entitled feeling. By the time we got to the parking lot, DD was a hard NO.

[Anonymous]

Anonymous wrote:We all (DD, DH and I) had a strong negative reaction to Richmond. Beautiful campus, but stilted, stiff, seemingly unfriendly. Entitled feeling. By the time we got to the parking lot, DD was a hard NO.

Omg. We felt same way. Stepford wives vibes. Weird place.

[Anonymous]

Weird feeling at Richmond for us, too. The admission information session was led by a student intern which I didn't care for. On the tour, we walked by lots of signs that touted their diversity and we stopped at the diversity center. But all we saw on campus that day were white females.

[Anonymous]

Anonymous wrote:Weird feeling at Richmond for us, too. The admission information session was led by a student intern which I didn't care for. On the tour, we walked by lots of signs that touted their diversity and we stopped at the diversity center. But all we saw on campus that day were white females.

The girlz at UR are surprisingly foyine. Just a heads-up for the young guys (and their parents).

[Anonymous]

Anonymous wrote:

Anonymous wrote:Weird feeling at Richmond for us, too. The admission information session was led by a student intern which I didn't care for. On the tour, we walked by lots of signs that touted their diversity and we stopped at the diversity center. But all we saw on campus that day were white females.

The girlz at UR are surprisingly foyine. Just a heads-up for the young guys (and their parents).

🤮

[Anonymous]

We had the same experience but we actually did not find Richmond as beautiful as people had told us - think we are in the minority but so glad we saw it as it’s a definite “no” now

[Anonymous]

What does Foyine mean? I’m sorry - I just don’t know?

[Anonymous]

Anonymous wrote:What does Foyine mean? I’m sorry - I just don’t know?

I asked this same question a few days ago and got no answer. I think it comes from saying "fine" weirdly.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What does Foyine mean? I’m sorry - I just don’t know?

I asked this same question a few days ago and got no answer. I think it comes from saying "fine" weirdly.

That’s my guess also. Such a weird and gross post.