A surprising and slightly terrifying development. Sweet Briar College is closing this summer due to significant financial hardships. I wonder how many other tiny rural liberal arts colleges will face similar fates. I feel for their current faculty and students.
Date: 03 Mar 2015 19:14
Number of posts: 6
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Well isn't that some shit… their website is busted too. I wonder if I'll get my postage back for the initial application after they liquidate their assets.
Very terrifying. Not a bad school. Other liberal arts colleges are not safe, even the ones in urban/suburban locations. Regional universities are also in trouble.
I wonder what the admin:faculty:adjunct:student ratio was and if that hurt them, ie too many admin…
Endowment was 88 million. Where's that go, administrative & coaching staff severance package?
Something tells me it is more complicated than mere admin numbers. It is a women's school, so I doubt that coaching staff ate up much.