Reply to Colleges Face a Financial Reckoning. The University of Chicago Is Exhibit A. (WSJ)

Forum Index » College and University Discussion

Reply to "Colleges Face a Financial Reckoning. The University of Chicago Is Exhibit A. (WSJ)"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How come no one has mentioned that swarthmore is $400m in debt before? That’s substantial![/quote]

but they have an almost 3 billion endowment. [b]debt isn't always bad. these colleges dont pay cash for new construction projects.[/b]

think there may be more nuance here.

also, they're out of trump's crosshairs. Chicago is not[/quote]

Agreed. The numbers sound big and misleading; issuing bonds is not a sign of financial instability—on the contrary, the ability to borrow at a low rate over a long period is evidence of confidence in the institution.

[b]The thing that caught my eye, as someone who works at a peer institution, is Chicago’s running an operating budget deficit for 14 years straight. That’s a HUGE red flag for financial mismanagement and presumably is why they have to takedraconian action now.[/b] My institution ran a deficit once in the last decade and took significant action the following year to ensure it did not happen again.[/quote]
Any thoughts on Middlebury's 15 consecutive years of budget deficits?

Middlebury slashes budget by over $10 million, imposes partial hiring freeze - The Middlebury Campus https://share.google/BZL2jfezgEn7CZNON[/quote]

Yeah—it’s called bad leadership. Thankfully there’s a new president who isn’t afraid of making hard decisions. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics