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Reply to "Good school with weak financials? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m surprised Sarah Lawrence is in so much trouble (at least according to Forbes) [/quote] You should not confuse wealthy students with a wealthy school. Sarah Lawrence has been in financial need for a couple of decades at least. A common saying is that: "Sarah Lawrence needs every tuition dollar that it can get."[/quote] For anyone who takes the time to read their financial filings, they would see that the school is certainly not in financial need, at least not today or in recent years. The balance sheet indicates cash and marketable securities of $169 million with outstanding long-term debt of $87 million. Aside from that, there are no major debts which stand out. This is not an enterprise that is having financial difficulties. The basis for the Forbes rating in the referenced article is suspect, throwing in parameters that really have no bearing on the financial strength of the institution. Who cares about the acceptance yield? You fill a cohort, that's all that matters. [/quote] Their endowment per student is 80k. That's not good [/quote]
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