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+--- Thread: Where is all the high college tuition going? My alma mater is losing money. (/showthread.php?tid=232370)
Re: Where is all the high college tuition going? My alma mater is losing money. - rz - 09-18-2019
Dennis S wrote:
Without football teams, it would be almost impossible to have baseball, basketball, track and field, soccer, swimming, volleyball, tennis, and on and on.
My alma mater does not have a football team, yet not that many years ago had an undefeated college basketball season, were ranked #1 at the end of the season and just missed out on making the Final Four by a last second shot by the opposing team.
Re: Where is all the high college tuition going? My alma mater is losing money. - sekker - 09-19-2019
Speedy wrote:
https://www.sctimes.com/story/news/2019/09/17/st-cloud-state-university-lay-off-8-library-philosophy-theater-tenured-faculty/2351270001/
“Overall St. Cloud State student enrollment has dropped by 30%, more than 4,500 students, since 2011, Wacker said.
The number of SCSU faculty is around 600 now, 335 fewer than in 2011.”
Just the beginning of a downward spiral for many colleges that either overbuilt or aren’t really competitive.
I know $$ is going to pensions etc, but it’s nit going to faculty or staff salaries for sure.
Re: Where is all the high college tuition going? My alma mater is losing money. - Acer - 09-19-2019
Speaking to that spiral effect, in today's environment, a prospective student has to wonder, will the budget-challenged college last all four years? And how will a college that folded look on the resume? After the first job or two, no one cares much about which college outside of ivy leagues, but in a competitive market the smallest things can put your resume in the circular file for that first good job.
So, tired dorms, tired academic buildings, tired cafeteria...they may seem superficial, but they can be perceived as signs of trouble by ambitious students.