Anonymous wrote:Anonymous wrote:From the 2nd article:
Facing operating deficits exceeding $20 million in back-to-back fiscal years, Barnard has implemented a series of aggressive measures, including sweeping staff layoffs, restricting cross enrollment at Columbia, and a tuition hike that placed Barnard among the most expensive colleges in the United States. Those efforts appear to have worked.
But the deficit reduction comes amid a shrinking donations outlook and expanded borrowing activity tied to refinancing existing debt and financing major capital projects. While the deficit narrowed, Barnard’s debt rose sharply, jumping from approximately $184 million in fiscal year 2024 to about $274 million in fiscal year 2025.
In a financial summary sent to the Barnard community Jan. 28, the college reported a sharp decline in the operating deficit to $1.7 million, marking a dramatic reversal from recent years of sustained losses, driven by efforts to align spending with revenue.
The debt increase is likely meaningless - a decent sized university issuing $100 million of bonds is nothing - might be just a timing issue - if they have a big project to finance, they do it.
The rest of the items are more concerning though I'm still not worried about the long-term viability of Barnard. Tons of people still want to go there so they can just jack up tuition more.
Anonymous wrote:Anonymous wrote:From the 2nd article:
Facing operating deficits exceeding $20 million in back-to-back fiscal years, Barnard has implemented a series of aggressive measures, including sweeping staff layoffs, restricting cross enrollment at Columbia, and a tuition hike that placed Barnard among the most expensive colleges in the United States. Those efforts appear to have worked.
Do the kids applying to Barnard for ED know that their cross-reg privileges at Columbia have been restricted?
Anonymous wrote:From the 2nd article:
Facing operating deficits exceeding $20 million in back-to-back fiscal years, Barnard has implemented a series of aggressive measures, including sweeping staff layoffs, restricting cross enrollment at Columbia, and a tuition hike that placed Barnard among the most expensive colleges in the United States. Those efforts appear to have worked.
But the deficit reduction comes amid a shrinking donations outlook and expanded borrowing activity tied to refinancing existing debt and financing major capital projects. While the deficit narrowed, Barnard’s debt rose sharply, jumping from approximately $184 million in fiscal year 2024 to about $274 million in fiscal year 2025.
In a financial summary sent to the Barnard community Jan. 28, the college reported a sharp decline in the operating deficit to $1.7 million, marking a dramatic reversal from recent years of sustained losses, driven by efforts to align spending with revenue.
Anonymous wrote:From the 2nd article:
Facing operating deficits exceeding $20 million in back-to-back fiscal years, Barnard has implemented a series of aggressive measures, including sweeping staff layoffs, restricting cross enrollment at Columbia, and a tuition hike that placed Barnard among the most expensive colleges in the United States. Those efforts appear to have worked.