This Week In College Viability (TWICV) for April 15, 2024
This week top stories include:
· Why are financial statement auditors not giving us a heads-up on trouble colleges? I will share the results of my research on recently closed colleges and what is NOT in their audited financial statements
· Is it a college or is it a tuition collection agency. Keystone College is our case study.
· Delusion from NDC supporters
· Northland College and bad educational leadership
· Reporters still don’t get the financials of colleges they cover.
· The college closing crises finally makes it to CNN
Show Notes / Links:
Goddard College closing its doors due to financial struggles & declining enrollment
Cleveland State’s board signs off on next steps for faculty, staff buyout offers
Eastern Gateway to Begin Dissolution in June
UNC Asheville makes staff cuts as $6 million deficit is expected to grow to $8 million
Keystone submits required closure plan as a precaution
Notre Dame College release states there is “no pathway” to keep school open, but supporters still believe there may be
Wisconsin College Teeters on the Brink, in Public Northland WI
Financially-distressed NJCU needs a partner. But which university can afford to take on the school?
St. Norbert College explains new program offerings amid enrollment decline, budget deficit
Small private colleges are struggling to keep their doors open as declining enrollment leads to financial instability (CNN)
Wheeling University president suspended with pay
Birmingham-Southern to lay off 213 employees without severance pay: ‘No funds are available’
Links to the College Viability Apps.
Show Notes / Links:
Goddard College closing its doors due to financial struggles & declining enrollment
Cleveland State’s board signs off on next steps for faculty, staff buyout offers
Eastern Gateway to Begin Dissolution in June
UNC Asheville makes staff cuts as $6 million deficit is expected to grow to $8 million
Keystone submits required closure plan as a precaution
Notre Dame College release states there is “no pathway” to keep school open, but supporters still believe there may be
Wisconsin College Teeters on the Brink, in Public Northland WI
Financially-distressed NJCU needs a partner. But which university can afford to take on the school?
St. Norbert College explains new program offerings amid enrollment decline, budget deficit
Small private colleges are struggling to keep their doors open as declining enrollment leads to financial instability (CNN)
Wheeling University president suspended with pay
Birmingham-Southern to lay off 213 employees without severance pay: ‘No funds are available’
Links to the College Viability Apps.