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Oddest measurement I’ve seen yet to determine the value of a college.
If you are looking for a top West Coast LAC with massive construction, just go to CMC if kid can get in. Was your kid a Bob the Builder fan? Hoping they will let him have a go on a bulldozer for kicks? I seriously do not understand. |
Buildings mean you have good financial health and donors are bringing in the money. Not building=You're poor |
Seriously OP must salivate over CMC, whose currently about to tear up half of their campus in an expansion effort. I think construction sucks-it's loud, almost never benefits you when you're a student, and can close off campus spaces. |
That sounds like a nightmare, those poor students are going to see nothing but cranes for four years. |
| I would be relieved to see a school not running in the rat race to build more and more. If it's small and it has a commitment to a certain size, and is landlocked as most colleges are, it should be spending its money on academics, financial aid, and student support. And maintaining the building stock they have in excellent condition, which often gets sacrified in the rush to build more. |
Or you can just actually look at their financial status rather than trying to divine it from your perception of construction. They release financial reports that are audited every year, they get bond credit ratings, Forbes assigns a financial score etc. Capital projects can cost more than they bring in and can weaken financial standing. |
| DC goes to Davidson and there hasn't been construction for two years, since there's a new president. Not sure what they would need to build anyway. |
This is interesting - maybe better than checking the Forbes bond ratings! |
Those ratings seem ridiculous. Reed having an A+ score next to colleges like Caltech, which have a much healthier financial record than them is puzzling. |
Reed has been in good financial health for a while now. Their grads are also moving more and more into the traditional elite school careers (read: Consulting) |
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This doesn't tell you that much. Fundraising, design, bids, permits, may take years to accomplish. Look at your college's capital improvement plan before you fret too much.
It took USC more than a decade to get one of its science buildings built. Berkeley had to have the California Supreme Court to step in and build dorm. It took Northeastern 5 years to get the city of Boston to approve a new high rise dorm after two decades of lawsuits. |