Reply to Which top colleges have a significant budget deficit? Which ones are red flags?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How did a tiny school like Middlebury run up such a large deficit?[/quote]

A $4.49 million budget deficit against an overall budget of $344 million isn't that significant (1.3% of overall budget). Reasons mentioned are rising healthcare costs, staff and faculty pay increases, and debt servicing. [/quote]
But the deficit has to be funded somehow and if it is recurring, it could lead to financial instability.  [/quote]

It was also larger than $4.49 million. That’s with the easier stuff (but by no means easy) out of the way. More to come.[/quote]

The $4.49 million number comes straight from their February update. Middlebury could swing to a surplus simply by drawing from their endowment at the same rate that Colby does but they prefer drawing at a lower rate similar to that of Williams and Wesleyan. They could also grow their way out by increasing their annual fee at a higher rate, similar to other NESCACs but they are traditionally one of the most disciplined when it comes to fees raising them at the lowest average rate among the NESCACs. Baucomb has made fixing the budgeting eyesore a priority and that is what is happening. [/quote]

midd did grow the class and admit more students to try to make more cash. there was an article about students upset their classes and campus was getting more crowded.[/quote]

No there wasn’t, just stop it.

Midd is added 50-75 kids in conjunction with their new dorm and the remodeling of Stewart Hall which will also add more space. Nobody has been upset about class size since Covid.

You keep recycling nonsense and people keep slapping you down but you just don’t quit. Not getting in wasn’t the end of your world though it obviously feels that way to you.[/quote]

Lol the Midd booster troll resurfaces!

I’m not PP, but here’s the article (again) that I assume PP is referencing: https://vtdigger.org/2025/05/08/middlebury-college-faculty-staff-and-students-take-action-against-administrations-budget-cuts/

“Daniza Tazabekova, vice president of the Middlebury College Student Government, said she is concerned that continuing with higher enrollment may cause a scarcity of housing and space in classes for students.

Miranda-Hardy said he has already experienced the higher enrollment numbers having a negative impact on the student experience by causing a housing crisis, long cafeteria lines and a loss of community spaces.”

Keep on gaslighting![/quote]

As someone removed from this discussion, I think you both have some fair points. It's worth noting that in the article you quote, the "higher enrollment numbers" cited by Miranda-Hardy are the post-COVID numbers, when Middlebury's enrollment was closer to 2,900, not the planned 2,650. Middlebury hasn't been at the "historical" 2,500 since 2016. From what I can gather, there is no longer a "housing crisis" on campus. Also, since that article was written, the new president has started and announced that Midd will close MIIS. The faculty in Vermont were pleased with this decision. 
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