Reply to WaPo feature on bad economic outlook for colleges

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My kid is interested in Roanoke College and University of Lynchburg. Are they screwed?[/quote]

In the next 10 years - probably not.

[b]There are some failrly well regarded schools already on the bubble[/b] - Earlham is really struggling as is Beloit. [/quote]

My formerly SLAC, now a LAC is one of these.  The endowment is only at $400M.  We've got a massive capital campaign going but the institution may not recover.[/quote]

At $400m they have a long time before they have existential worries. But endowments aren’t what people think they are. They are not vast hoards of treasure that sit there for a rainy day. My LAC has a $1.5B+ heap and yet that funds a very small fraction of operations. Much still comes from tuition, and full-pay customers are hard to turn away. Many colleges whittled their endowments before realizing need-blindness is expensive. Haverford, Holy Cross, and Wesleyan are a few that come to mind. [/quote]

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