Valuable Insights From Those Involved Amongst Closing Colleges

Rick Seltzer's article for Inside Higher Ed, "Closing Out a College," provides a detailed in addition to valuable await at several institutions in addition to the difficulties their trustees in addition to staff faced every bit they prepared for closure.  Seltzer focused on 3 institutions.  Two accept closed, Virginia Intermont College in addition to Dowling College.  And piece the details of the almost closure in addition to rebirth of the tertiary establishment accept been widely covered, I appreciated the insights of MD Phillip Stone, Sweet Briar's president, every bit he reflected on their unique situation.  

The article's comment department likewise included several of import notes clarifying why struggling independent colleges are no longer able to reorganize using the bankruptcy protection of the courts.  Michael Goldstein included a link to an article, "Bankruptcy Benefits," that he co-authored on the theme for the September / Oct 2016 outcome of AGB's Trusteeship magazine.

Utica Schoolhouse Of Commerce Volition Close

WKTV inward Utica, NY reports that the Utica School of Commerce is closing.  The for-profit establishment was founded inward 1896 in addition to of late had enrollment of roughly 150 students.  

The institution was initially located on the 3rd flooring of the Oneida National Bank Building on the corner of Genesee in addition to Bleecker Streets.  There were several changes inward place over the years equally programs evolved.  At present, at that topographic point are 2 locations, i on Bleecker Street inward Utica in addition to or then other on Route v inward Casatota, NY.

If y'all are interested inward recent trends for closures, access College Closures since 2009 in the index at the correct of any  page.  There are dissever tabs for non-profit in addition to for-profit closures.  Each tab includes basic data for each institution, i.e., Carnegie Classification, sector, accrediting agency, in addition to the IPEDS unitid.

Globe Constitute Of Applied Scientific Discipline Closed

Globe Institute of Technology inwards New York City unopen before this fall, effective September 15, 2016.

Academic records were transferred to the New York State Education Department Office of College as well as University Evaluation.  

Globe was a private, for-profit institution.  The establishment was founded inwards 1985.  On Nov 8, 1996, Globe received blessing from the Board of Regents of the University of the State of New York every minute a two-year degree-granting institution.  Approval was thence received to grant baccalaureate degrees on Apr 8, 2000.

If y'all are interested inwards recent trends for closures, access College Closures since 2009 in the index at the correct of any  page.  There are dissever tabs for non-profit as well as for-profit closures.  Each tab includes basic data for each institution, i.e., Carnegie Classification, sector, accrediting agency, as well as the IPEDS unitid.

Deteriorating Enrollment In Addition To Fiscal Province Of Affairs Consequence Inwards Closure Of Dowling College

 

Adina Genn reported for the Long Island Business News today that Dowling College volition close on June 3rd.  Dowling was founded inwards 1968 in addition to the campus was centered on a quondam Vanderbilt estate.

The Chronicle of Higher Education also features an article yesteryear Emma Pettit, "Dowling College, Long inwards Financial Trouble volition Close Friday."As both of these articles indicate, Dowling has been struggling to keep enrollment in addition to had been inwards fiscal difficulty for around time.  

Using a model publicized on The Sustainable University website, Dowling's fiscal province of affairs was unsustainable in addition to deteriorated inwards recent years.  Following calculation of ratios, two stars are placed on the chart.  The i inwards jail cellular telephone A2 reflects changes inwards Dowling's expense in addition to equity ratios for the v twelvemonth menses from FY2004 through FY2008.  The star inwards the A3 inwards the upper correct manus corner reflects changes inwards ratios from FY2011 through FY2015.

Data for the next tabular array were pulled from the Integrated Postsecondary Education Data System (IPEDS) in addition to for sure demo the hard province of affairs  that led to the determination to close.  Expenses did non turn down equally chop-chop equally either enrollment or revenues over the menses from FY2011 through FY2015.  

Thanks for reading in addition to I await frontwards to your comments!

Eisenhower College (Ny)

The Eisenhower College Alumni Association maintains a website alongside links to data on the college archives in addition to several collections of photographs.  Eisenhower College was founded inwards 1965 inwards Seneca Falls, NY in addition to was designated past times Congress every bit a memorial to the onetime president Dwight D. Eisenhower.  Even alongside several appropriations, fiscal problems persisted in addition to the establishment was acquired past times Rochester Institute of Technology inwards 1979.  The final bird graduated from Eisenhower inwards 1983.  The holding was after sold to the New York Chiropractic College inwards 1989.