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College and University Discussion
Reply to "Middlebury releases Class of 2030 admissions info"
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[quote=Anonymous][quote=Anonymous]Sure keep saying that. The trend is not Midd’s friend several years of declining applications with financial problems. Colby has passed it.[/quote] You seem a bit confused so I'll help you a bit. Middlebury has a larger endowment than Colby Middlebury has less debt than Colby Middlebury draws from there endowment at a lower rate than Colby (they could close their deficit simply by raising their draw rate to Colby's) Middlebury has raised their fees at a rate below average among the NESCACs for years. Middlebury has fixed the root causes of their deficit while Colby has run a deficit for the last three years running. Neither school has any significant financial issues but Middlebury is without question in stronger financial shape. If you want to look at an example of an extremely well run NESCAC look at Hamilton. Endowment about the same size as Colby supporting a smaller student body Outstanding budget discipline typically a $5-$10M surplus Outstanding endowment discipline with a low draw rate Low debt (roughly half of Colby's) Overall excellent financial management. Rankings: Middlebury consistently sits a dozen spots higher than Colby Middlebury historical average ranking over the last 36 years is 7 Colby historical average ranking over the last 36 years is 19 Middlebury is known as: Top language school A top feeder to Wall street Having some of the highest admit rates to Meds schools Colby is known as: The second best school in Maine [/quote]
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