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College and University Discussion
Reply to "WaPo feature on bad economic outlook for colleges"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, a couple of poorly-managed and substandard smaller colleges will go under in the next few years, or merge with another college. The overall outlook across the industry isn't that bad -- look at Virginia Tech needing to pay accepted students this year _not_ to enroll and delay by a year, and renting an entire Holiday Inn because they ran out of student housing for freshmen. Any gaps will be filled with more international students, who generally are ineligible for financial aid and thus pay full tuition.[/quote] Virginia Tech is a sample size of one. And the previous year they were under enrolled. That was an example of enrollment mismanagement.[/quote] Correct assessment. There was a thread about this a while go. They over-enroll one year and then take hundreds from the waitlist every other year. It's amazing that they haven't figured out how to meet their goals with slightly more precision.[/quote]
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