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Saturday, November 26, 03:10:13amLogin ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1234 ]
Subject: slash and burn


Author:
Watchdog
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Date Posted: Tuesday, August 30, 08:00:59pm
Author Host/IP: NoHost/104.28.133.61

Extreme cost cutting going on at NU. Staff reductions, slashing of funding, etc.

School is in very bad financial shape and will likely have to go into endowment to stay sailing.

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Replies:
[> Subject: Re: slash and burn


Author:
Maldez
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Date Posted: Wednesday, August 31, 07:11:07am
Author Host/IP: cpe-24-59-42-147.twcny.res.rr.com/24.59.42.147

Not good...thx.

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[> [> Subject: Re: slash and burn


Author:
watchdog
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Date Posted: Thursday, September 01, 05:31:45am
Author Host/IP: NoHost/104.28.133.58


People being asked to work in the dark to save money on electric
Cuts upon cuts
Very bad
Positions not being filled
Even janitors cut. Gross

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[> [> [> Subject: Re: slash and burn


Author:
Hnk373431
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Date Posted: Thursday, September 01, 08:30:13am
Author Host/IP: cpe-72-228-12-151.nycap.res.rr.com/72.228.12.151

Why do I have the feeling that this is total BS? Nearly every private college is facing budget challenges so I am sure Niagara is reviewing all vacant positions before filling them. Have not heard anything about layoffs however. I have the feeling this is more of a personal gripe than fact.

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[> [> [> [> Subject: Re: slash and burn


Author:
FAKE NEWS
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Date Posted: Thursday, September 01, 10:33:35am
Author Host/IP: 71-214-4-212.orlf.qwest.net/71.214.4.212

Blame it on the Jesuits !

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[> [> [> [> [> Subject: Re: slash and burn


Author:
Brigham Young
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Date Posted: Thursday, September 01, 12:30:02pm
Author Host/IP: rrcs-208-125-165-66.nys.biz.rr.com/208.125.165.66

Blame it on the Mormons!

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[> [> [> Subject: Re: slash and burn


Author:
Purp 1
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Date Posted: Friday, September 02, 12:49:15am
Author Host/IP: cpe-74-70-140-50.nycap.res.rr.com/74.70.140.50

Departments looking to cut up to 7% of their budgets. This one is real.

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[> [> [> [> Subject: Re: slash and burn


Author:
RCM
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Date Posted: Friday, September 02, 05:39:48am
Author Host/IP: NoHost/104.28.133.62

Maybe they can sell the $2M church in the middle of the city they just bought. SMH

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[> Subject: Re: slash and burn


Author:
Maldez
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Date Posted: Friday, September 02, 02:59:31pm
Author Host/IP: cpe-24-59-42-147.twcny.res.rr.com/24.59.42.147

Not sure why there's a need to slash expenses if enrollment is good, which I'm led to believe it is.

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[> [> Subject: Re: slash and burn


Author:
Phillyeagle
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Date Posted: Friday, September 02, 04:37:52pm
Author Host/IP: c-174-57-38-242.hsd1.nj.comcast.net/174.57.38.242

That article was based on data in the school’s reported2019 or 2020 fiscal years depending on the schools mentioned. It was a typical newspaper article meant for sensationalism. NU had a stronger then expected new enrollment class last year but with some minor decreases this year. The landscape is tough but NU seems to doing better than much of it’s competition in WNY .

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[> Subject: Re: slash and burn


Author:
It’s True
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Date Posted: Friday, September 02, 03:02:08pm
Author Host/IP: cpe-72-231-195-111.buffalo.res.rr.com/72.231.195.111

The Buffalo News did a piece on this topic a few weeks back. NU, along with most WNY private schools, is operating in the red. There are institutions in deeper trouble, but the Vincentians need to really get on this. The only two schools listed as operating in the black and growing were St. Bonaventure and Alfred University.

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[> [> Subject: College financial grades 2021


Author:
Forbes
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Date Posted: Friday, September 02, 09:10:56pm
Author Host/IP: cpe-72-228-12-151.nycap.res.rr.com/72.228.12.151

https://www.forbes.com/sites/schifrin/2021/02/22/college-financial-grades-2021-will-your-alma-mater-survive-covid/?sh=2dfb98d34916

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[> [> [> Subject: Re: College financial grades 2021


Author:
RCM
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Date Posted: Saturday, September 03, 09:55:10am
Author Host/IP: a172-226-201-79.deploy.static.akamaitechnologies.com/172.226.201.79

Plenty of companies with good sales go out of business with bad business action

It’s not a stretch to think the total lack of aptitude in the athletic departments is seen in other departments such as the business office.

Generally in companies a culture of futility and failure on one department spills to other departments

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[> [> [> Subject: Re: College financial grades 2021


Author:
Purp 1
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Date Posted: Saturday, September 03, 01:40:39pm
Author Host/IP: cpe-74-70-140-50.nycap.res.rr.com/74.70.140.50

Your talking as though NU is the only school feeling the squeeze. The top tier of that list also has the highest endowments. Talking about "business plans", Chrysler had one and is still in business making the worst quality American cars and trucks. They got bailed out by the government. Las Vegas would be a ghost town if not also bailed out by the government. The amount of businesses getting bailed out due to Covid is staggering. NU is facing a crisis along with hundreds of other private colleges and universities. They have no choice but to lower their standards to maintain enrollment. They don't have the ability to apply for welfare like scores of business did when facing the squeeze. Now they have had to change their business plans to meet today's challenges. NU I imagine will do the same.

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[> [> [> [> Subject: Re: College financial grades 2021


Author:
RCM
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Date Posted: Saturday, September 03, 06:43:14pm
Author Host/IP: NoHost/104.28.133.61

No I’m not. Read my posts

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[> Subject: Re: slash and burn


Author:
RCM
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Date Posted: Saturday, September 10, 10:56:16am
Author Host/IP: NoHost/104.28.133.57

Lots of people leaving NU. Quick search of linked in tells the story.

Wow!

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[> [> Subject: Re: slash and burn


Author:
Number Line
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Date Posted: Tuesday, September 13, 05:50:26am
Author Host/IP: a172-226-205-79.deploy.static.akamaitechnologies.com/172.226.205.79

NU missed their freshman count by over 100 students

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[> [> [> Subject: Re: slash and burn


Author:
cash the checks
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Date Posted: Tuesday, September 13, 05:52:18am
Author Host/IP: a172-226-205-51.deploy.static.akamaitechnologies.com/172.226.205.51

Another issue


NU thought they had good incoming numbers. Then someone asked half way through summer “how many sent deposits” that told another story.

Layoffs in alumni office on Monday.

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[> Subject: Re: slash and burn


Author:
Butch
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Date Posted: Tuesday, September 13, 08:32:04am
Author Host/IP: mta-98-4-252-183.buffalo.rr.com/98.4.252.183

The 2022 tuition & fees of Niagara University (Niagara) are $35,980 for their students and the 2022 graduate school tuition & fees is $13,950. Ouch ! ! !

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[> [> Subject: What ???


Author:
Jackie Mason
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Date Posted: Tuesday, September 13, 06:24:34pm
Author Host/IP: 71-214-4-212.orlf.qwest.net/71.214.4.212

For $35,000 I don't visit, I move in (permanently) !

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[> [> [> Subject: Re: What ???


Author:
505
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Date Posted: Tuesday, September 13, 08:21:46pm
Author Host/IP: a172-226-205-78.deploy.static.akamaitechnologies.com/172.226.205.78

This is why only 505 freshman came.

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[> [> Subject: Re: slash and burn


Author:
Phillyeagle
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Date Posted: Friday, September 16, 07:03:56pm
Author Host/IP: m42.millect.net/66.119.51.42

That is a very cheap tuition for most eastern private colleges. After the NU aid package, most students pay less than $21000.

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[> [> [> Subject: Re: slash and burn


Author:
RCM
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Date Posted: Friday, September 16, 08:11:50pm
Author Host/IP: NoHost/104.28.133.61

Yes and some insane % of NU students in 2022 are PELL students.

The profile of student at NU is trending towards community college

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