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

[Anonymous]

Anonymous wrote:While it's easy to suggest that Syracuse's slide could be arrested by cutting tuition 40%, do you realize how tuition-dependent Syracuse is?

The first thing they need to do is accept as many full pay students as possible. They are in the same predicament that UVM is in- but they have the chance to be more nimble than UVM. They are fighting for the same type of student- B average with an SAT around 1200. This won't cure the underlying issues but it would give the college some breathing space.

When tuition hits nearly $100,000/year, you rapudly run out of full pay students.

[Anonymous]

Anonymous wrote:

Anonymous wrote:While it's easy to suggest that Syracuse's slide could be arrested by cutting tuition 40%, do you realize how tuition-dependent Syracuse is?

The first thing they need to do is accept as many full pay students as possible. They are in the same predicament that UVM is in- but they have the chance to be more nimble than UVM. They are fighting for the same type of student- B average with an SAT around 1200. This won't cure the underlying issues but it would give the college some breathing space.

When tuition hits nearly $100,000/year, you rapudly run out of full pay students.

Syracuse is becoming completely unreliant on the SAT with estimates that fewer than 20% of freshman attending submitting an SAT. They should really lean on this and market themselves to the TO crowd, especially now that more and more are requiring it. Since SU draws so many students from private and religious secondary schools they could really focus on those schools.

As for athletics, the move to the ACC has been a disaster but they have a new bb coach in and their football program looks like it is improving. THey also entirely capture the Syracuse market and really are the "pro" team in the region. I think that we have seen the bottom in SU athletics.

[Anonymous]

^its been a disaster on the field/court but not off of it. The acc network deal nets them $50m a year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:While it's easy to suggest that Syracuse's slide could be arrested by cutting tuition 40%, do you realize how tuition-dependent Syracuse is?

The first thing they need to do is accept as many full pay students as possible. They are in the same predicament that UVM is in- but they have the chance to be more nimble than UVM. They are fighting for the same type of student- B average with an SAT around 1200. This won't cure the underlying issues but it would give the college some breathing space.

When tuition hits nearly $100,000/year, you rapudly run out of full pay students.

Syracuse is becoming completely unreliant on the SAT with estimates that fewer than 20% of freshman attending submitting an SAT. They should really lean on this and market themselves to the TO crowd, especially now that more and more are requiring it. Since SU draws so many students from private and religious secondary schools they could really focus on those schools.

As for athletics, the move to the ACC has been a disaster but they have a new bb coach in and their football program looks like it is improving. THey also entirely capture the Syracuse market and really are the "pro" team in the region. I think that we have seen the bottom in SU athletics.

Great ideas, PP!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:While it's easy to suggest that Syracuse's slide could be arrested by cutting tuition 40%, do you realize how tuition-dependent Syracuse is?

The first thing they need to do is accept as many full pay students as possible. They are in the same predicament that UVM is in- but they have the chance to be more nimble than UVM. They are fighting for the same type of student- B average with an SAT around 1200. This won't cure the underlying issues but it would give the college some breathing space.

When tuition hits nearly $100,000/year, you rapudly run out of full pay students.

Syracuse is becoming completely unreliant on the SAT with estimates that fewer than 20% of freshman attending submitting an SAT. They should really lean on this and market themselves to the TO crowd, especially now that more and more are requiring it. Since SU draws so many students from private and religious secondary schools they could really focus on those schools.

As for athletics, the move to the ACC has been a disaster but they have a new bb coach in and their football program looks like it is improving. THey also entirely capture the Syracuse market and really are the "pro" team in the region. I think that we have seen the bottom in SU athletics.

Syracuse probably wants to have more students come from private schools. Ideally 15 percent more students would come from private schools. That way they can pay full price. It probably isn't as easy as you think. You probably need to recruit kids from the bottom quarter of the class to make this happen. So, essentially crushing your stats.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:While it's easy to suggest that Syracuse's slide could be arrested by cutting tuition 40%, do you realize how tuition-dependent Syracuse is?

The first thing they need to do is accept as many full pay students as possible. They are in the same predicament that UVM is in- but they have the chance to be more nimble than UVM. They are fighting for the same type of student- B average with an SAT around 1200. This won't cure the underlying issues but it would give the college some breathing space.

When tuition hits nearly $100,000/year, you rapudly run out of full pay students.

Syracuse is becoming completely unreliant on the SAT with estimates that fewer than 20% of freshman attending submitting an SAT. They should really lean on this and market themselves to the TO crowd, especially now that more and more are requiring it. Since SU draws so many students from private and religious secondary schools they could really focus on those schools.

As for athletics, the move to the ACC has been a disaster but they have a new bb coach in and their football program looks like it is improving. THey also entirely capture the Syracuse market and really are the "pro" team in the region. I think that we have seen the bottom in SU athletics.

Syracuse probably wants to have more students come from private schools. Ideally 15 percent more students would come from private schools. That way they can pay full price. It probably isn't as easy as you think. You probably need to recruit kids from the bottom quarter of the class to make this happen. So, essentially crushing your stats.

They can steal all the kids going to Hobart William Smith.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:While it's easy to suggest that Syracuse's slide could be arrested by cutting tuition 40%, do you realize how tuition-dependent Syracuse is?

The first thing they need to do is accept as many full pay students as possible. They are in the same predicament that UVM is in- but they have the chance to be more nimble than UVM. They are fighting for the same type of student- B average with an SAT around 1200. This won't cure the underlying issues but it would give the college some breathing space.

When tuition hits nearly $100,000/year, you rapudly run out of full pay students.

Syracuse is becoming completely unreliant on the SAT with estimates that fewer than 20% of freshman attending submitting an SAT. They should really lean on this and market themselves to the TO crowd, especially now that more and more are requiring it. Since SU draws so many students from private and religious secondary schools they could really focus on those schools.

As for athletics, the move to the ACC has been a disaster but they have a new bb coach in and their football program looks like it is improving. THey also entirely capture the Syracuse market and really are the "pro" team in the region. I think that we have seen the bottom in SU athletics.

Syracuse probably wants to have more students come from private schools. Ideally 15 percent more students would come from private schools. That way they can pay full price. It probably isn't as easy as you think. You probably need to recruit kids from the bottom quarter of the class to make this happen. So, essentially crushing your stats.

The students in the bottom 1/4 of a good private school are on par with the top 25% of a regular public high school. Since they are going almost fully TO there won't be any negative hit to their stats.

If you look at the "better" but not "super selective" private schools or public schools you'll see entrenchment of their reputation for some peculiar reason slips.

Tulane had Hurricane Katrina. After that, applications dropped, and it's rankings fell. UVM has had its enrollment fall because of value.

Contrast that with colleges like SMU, TCU, Wake, and Miami. All colleges in favorable geographic locations which over the past 10 years have gotten a stronger student body.

You can't blame it all on athletics and location but those two negative factors haven't helped Syracuse.

[Anonymous]

Not many kids want to go spend 4 years at Syracuse for a school ranked 75th by US News.

[Anonymous]

Syracuse would be great had it merged with and become the flagship SUNY.

In state tuition for a large, well known university with brutal weather but D1 sports and a nice campus. Some excellent programs mixed in — Newhouse, Maxwell, etc.

Buffalo, Albany, Binghamton aren’t bad universities, but their campuses look like giant 1970s high schools, and there’s little school spirit or identity. NY State deserves a better flagship.

The school seems to be in major trouble. Who knows?

[Anonymous]

Anonymous wrote:Syracuse would be great had it merged with and become the flagship SUNY.

In state tuition for a large, well known university with brutal weather but D1 sports and a nice campus. Some excellent programs mixed in — Newhouse, Maxwell, etc.

Buffalo, Albany, Binghamton aren’t bad universities, but their campuses look like giant 1970s high schools, and there’s little school spirit or identity. NY State deserves a better flagship.

The school seems to be in major trouble. Who knows?

This idea of merging with a SUNY school is not grounded in reality. The identity, purpose, and funding of SUNY's are far different than a private college. Cutting administrative staff, unnecessary programs, reducing faculty headcount, getting more full pay private school students is a better way out of the slide that Syracuse has been experiencing.

[Anonymous]

Syracuse is $90k. But so are schools like Bucknell and Trinity. Not sure the latter are discounting much, at least not yet.

[Anonymous]

Anonymous wrote:Syracuse is $90k. But so are schools like Bucknell and Trinity. Not sure the latter are discounting much, at least not yet.

Google says that Bucknell's discount rate is 35%, and Trinity's is 44 to 56%.

[Anonymous]

Haters gonna hate but Syracuse was the best four years of my life and only a Cuse grad gets this. Marshall street-Faegans, Braggs-RIP Maggie’s pub. Varsity pizza. Best greek life with row as beautiful as many SEC schools. Great education and kind alumni. Exactly what did I miss? Is price tag a lot well they are all a lot and Syracuse has huge endowment so no the school will not be merging or closing.

[Anonymous]

Anonymous wrote:Haters gonna hate but Syracuse was the best four years of my life and only a Cuse grad gets this. Marshall street-Faegans, Braggs-RIP Maggie’s pub. Varsity pizza. Best greek life with row as beautiful as many SEC schools. Great education and kind alumni. Exactly what did I miss? Is price tag a lot well they are all a lot and Syracuse has huge endowment so no the school will not be merging or closing.

Could not agree with you more, PP! Sounds like we were there around the same time. I graduated in '90.

[Anonymous]

Anonymous wrote:Syracuse would be great had it merged with and become the flagship SUNY.

In state tuition for a large, well known university with brutal weather but D1 sports and a nice campus. Some excellent programs mixed in — Newhouse, Maxwell, etc.

Buffalo, Albany, Binghamton aren’t bad universities, but their campuses look like giant 1970s high schools, and there’s little school spirit or identity. NY State deserves a better flagship.

The school seems to be in major trouble. Who knows?

The school is in major trouble? Are you high? Syracuse just had their first deficit in many years, they are not remotely in trouble. The only difference between Syracuse and many other schools is the transparency. They need to make some adjustments but please let’s stop talking hysterical nonsense.