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College and University Discussion
Reply to "WaPo feature on bad economic outlook for colleges"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Warning bell for any slac outside the top 25.[/quote] So, basically over 3000 colleges are in trouble? I think you people need to get out of your "Top 25 or bust" bubble.[/quote] Any slac outside the top 25 is in trouble.[/quote] I don't agree. SLACs outside the top 100 without a decent endowment, reasonable operating costs and/or a niche target population may be in trouble. SLACs in the 25-100 range are mostly fairly strong--they may need to make adjustments in operating costs, amount of merit aid/tuition discounts offered--but that has gone up and down. A few may have too low of endowments, not a good handle on finances, not an attractive enough niche and may suffer. But,in some ways the SLACs that are innovative can be more nimble than public institutions--they only have to fill a small class, they have flexibility to adapt and change to a changing market without having to get every decision past a state governing board, they don't have requirements on how many in-state, in-country people they have to accept. I hope some of the most innovative academic models will come out of SLACs facing these challenges.[/quote]
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