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College and University Discussion
Reply to "Doing a mini-CTCL tour - thoughts on these?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Check the financial condition of these schools. Many are struggling. [/quote] Endowments per student (rounded): Earlham 367,000, Lawrence 206,000 Kalamazoo 150,000 Ohio Wesleyan 135,000 Beloit 112,000, credit rating Knox 106,000 Butler 45,000 With the exception of Butler, these all have decent endowments, & Earlham and Lawrence's are quite good. They offer good tuition discounts, but yes, barely anyone pays full sticker price. If your UMC, that works in your favor. We visited Lawrence & Kalamazoo, and my kid liked both a lot. I would be happy if he went to either.[/quote] Another important financial aspect to look at is Moody's credit rating, for instance of these for 2018: Kalamazoo A1 Earlham Aa3 Lawrence Baa1 Beloit Ba3 Knox and Butler I think are in the low B's but I couldn't quickly locate. Don't know about Ohio Wesleyan. If a college is somewhere in the A1s and 2's I feel okay with their finances regardless if outlook is positive, stable or negative, because dropping down within a class of A is fine and normal as demographics shift (they base some ratings on. demographics/economics of region). So you shouldn't think a "downgrade" is terrible--it's fairly normal in small schools. If they are in the B's I look for them to be on the higher end and try to avoid negative outlook. [/quote]
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