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Reply to "Good school with weak financials? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]One of the possibilities for my kid scores a D on this list - https://www.forbes.com/sites/emmawhitford/2022/06/09/the-strongest-and-weakest-colleges-in-america---behind-forbes-2022-financial-grades/ I am worried. Would you be? [/quote] Yes many good schools are struggling and will face tougher conditions in 2026 when the 18 yr old population starts declining. Covid was also expensive for them. I filtered out schools with a C or lower. Def check the bond rating. I think of it as an investment and want the place to be around in 10 years. I also noticed a lot of schools that give large merit to attract enrollment have lower Financial grades. It is not sustainable.[/quote] I agree that good schools are struggling. But I wouldn't trust Forbes' methodology. For instance, because Forbes focuses so much on change, a school that is well-endowed can go down quickly on their grades. Do you really think University of Richmond should be on the list of "Dunces" because its grade went down among the most on their metrics ? That school has a 3.2BILLION endowment for only 4350 students. That is crazy rich for a small school. But they must have recently done something that Forbes thinks is a sign of financial weakness. I [b]don't really trust Forbes' [/b]ranking as a reliable source for this. Moody's actual bond rating, sure.[/quote] Adding: As per another thread, Forbes *just* put SVB bank as #20 in their "Best Banks of 2023 this past January. Now today the FDIC has taken it over. I'm not sure I'm going to count on Forbes for any trustworthy lists. [/quote]
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