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Wednesday, November 30, 01:22:26pmLogin ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1234 ]
Subject: Re: NU In The Red


Author:
Maldez
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Date Posted: Tuesday, July 12, 03:05:13pm
Author Host/IP: cpe-24-59-42-147.twcny.res.rr.com/24.59.42.147
In reply to: NUSuperfan 's message, "Re: NU In The Red" on Tuesday, July 12, 02:50:38pm

Yep, Niagara's in the same boat as hundreds of other small private colleges....fighting to survive and hanging on for dear life.

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Replies:
[> [> [> Subject: Re: NU In The Red


Author:
Buffalo News
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Date Posted: Thursday, July 14, 10:16:54am
Author Host/IP: cpe-72-228-12-151.nycap.res.rr.com/72.228.12.151

https://buffalonews.com/news/local/education/most-buffalo-area-private-colleges-operated-in-the-red-even-before-covid-19-hit/article_ac1da026-a4a0-11ec-bbb3-8b4619911df7.html#tracking-source=home-top-story-1

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[> [> [> [> Subject: Re: NU In The Red


Author:
RCM
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Date Posted: Thursday, July 14, 03:41:59pm
Author Host/IP: rrcs-208-125-165-66.nys.biz.rr.com/208.125.165.66

To be fair- NU has invested a lot of money on a lot of things. The campus looks great, great new buildings, Kiernan, etc etc. The issue tho is the value prop.

Rack rate for NU is $35,000. To attract students all these WNY private schools have been subsidizing the ever living tar out of every butt there.

Like all subsidies there comes a time when the piper must be paid. No one could have foreseen COVID but it will likely be the last card that tumbles the house.

To be an average student and attend NU, CC, John Carroll etc you will almost certainly need to take out loans. There is no appetite for that anymore.

I fear for NU there years of inaction in the aforementioned investment and modernization of campus may be too little too late.

The classic "does a tree make a sound" paradox. Beautiful campus, beautiful facilities, but will there be students to see it? NU very likely has the war chest to ride this out and "survice" but we may be finally at the point where things like D1 sports no longer make sense. The great argument for D1 sports has always been they drive admission.I am not so sure that argument can be made anymore? Can it? Maybe good sport programs.

Time will tell. But truthfully, with so many cheaper options in NYS especially, you have to question who is the student NU is trying to attract? Same question for all the local privates.

Tough sledding ahead.

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[> [> [> [> [> Subject: Alternatives To Four Colleges & Universities


Author:
NUSuperfan
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Date Posted: Thursday, July 14, 07:39:58pm
Author Host/IP: 71-214-4-212.orlf.qwest.net/71.214.4.212

Besides all of the above posts, you have to consider the rise of the vocation and technical 2 year Associate in Science programs, as well as, the Certificate and Diploma study schools that offer training in pragmatic areas that are attractive to employers in those fields of study. The tuition and fees for those AS and Certificate/Diploma programs are a tiny fraction of the costs students/parents pay to the 4 year universities and colleges. This is where post-secondary higher education is headed.
A large number of prospective students are not going to attend college due to the prohibitive costs associated with traditional 4 year schools. Many of them go from HS straight to work. Others are going to the vocational, technical and career schools I mentioned above to pursue their career dreams.
The future is NOT rosy for the thousands of 4 year schools that are now facing economic survival. Hundreds, if not thousands will go out of business in the near and not so distant future.

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[> [> [> [> [> [> Subject: Meant 4 Year Colleges


Author:
NUSuperfan
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Date Posted: Thursday, July 14, 07:40:37pm
Author Host/IP: 71-214-4-212.orlf.qwest.net/71.214.4.212


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[> [> [> [> Subject: Re: NU In The Red


Author:
Maldez
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Date Posted: Thursday, July 14, 04:26:44pm
Author Host/IP: cpe-24-59-42-147.twcny.res.rr.com/24.59.42.147

Tough sledding ahead, indeed, but I think Niagara has what it takes to survive...time will tell.

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[> [> [> [> Subject: Re: NU In The Red


Author:
Phillyeagle
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Date Posted: Thursday, July 14, 05:12:46pm
Author Host/IP: c-174-57-38-242.hsd1.nj.comcast.net/174.57.38.242

NU is in much better shape than the many private colleges in Western/ Central NYS. A key is to increase enrollment from outside NYS.

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