Saint Catharine College Inwards Kentucky Volition Endure Closing

Linda Blackford reports for the Lexington (KY) Herald-Leader that St. Catharine College inwards Saint Catharine, KY volition last closing inwards July.  The establishment was founded past times the Dominican Sisters of Peace inwards 1931.  "A banknote from the Board of Trustees" alongside the statement is available on the college website.

While f.t.e. enrollment was 4.7% higher inwards autumn 2015 than it was inwards autumn 2003, it had peaked at 834 f.t.e. students inwards autumn 2011 in addition to had been trending downward inwards recent years.  Total revenues in addition to investment income had increased since FY2004, past times 53%...unfortunately, expenses to a greater extent than than doubled rise past times 133%.

As a result, Saint Catharine's fiscal province of affairs was unsustainable.  Following calculation of ratios, using a model publicized on The Sustainable University website, two stars are placed on the nautical chart below.  The i inwards jail cellular telephone B3 reflects changes inwards Saint Catharine's expense in addition to equity ratios for the 5 twelvemonth stream from FY2004 through FY2008.  The star inwards the A3 inwards the upper correct mitt corner reflects changes inwards ratios from FY2011 through FY2015.  

Supporting information for calculation of the ratios was pulled from the Integrated Postsecondary Education Data System (IPEDS) in addition to is displayed inwards the next table.

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!

Paint Past Times Numbers...A Moving-Picture Exhibit Of Burlington College's Declining Fiscal Prospects

Burlington College's proclamation this by calendar week that it volition survive closing led to a flurry of intelligence articles as well as weblog posts that nosotros convey non seen since Sweet Briar College announced they would closed dorsum inward March, 2015.  In the example of Sweet Briar, there was sudden disagreement betwixt the onetime president as well as trustees who voted to closed as well as the alumnae as well as friends who were shocked as well as ultimately victorious inward their efforts relieve the institution.  

In contrast, at that topographic point is apparent agreement amid pundits commenting on Burlington's situation.  Everyone agrees that the college faced serious financial difficulty due to the accumulation of debt used  in 2010 to buy the lakefront holding that served every bit Burlington's campus inward recent years.   

I was interested inward seeing if a quick calculation using a few publicly available numbers would exhibit a alter inward Burlington's financial province of affairs as well as prospects afterward 2010.  In short, Burlington College presents another chance to explore changes inward the institution's financial situation using a model publicized on The Sustainable University website.  

The nautical chart as well as tabular array were constructed using information pulled from the Integrated Postsecondary Education Data System (IPEDS).  FY2015 financial figures for Burlington College were non available.  

Following calculation of ratios, two stars are placed on the chart.  The 1 inward jail cellular telephone C1 inward the lower left mitt corner reflects changes inward Burlington's expense as well as equity ratios for the 5 twelvemonth menstruum from FY2004 through FY2008.  Burlington College may've been small-scale during this period, only it was operating inward a fiscally responsible means amongst institutional revenues roofing expenses as well as a manageable marker of debt.   

The star inward jail cellular telephone A3 inward the upper correct mitt corner represents a real dissimilar pic amongst changes inward expense as well as equity ratios for the menstruum from FY2010 through FY2014 pointing to an unsustainable situation.   

It is interesting to come across the changes inward enrollment as well as the corresponding changes inward expenses as well as revenues.  You tin every bit good clearly come across the behavior upon of the holding buy on full assets amongst a corresponding growth inward debt levels.

Thanks for reading as well as I am looking forwards to your feedback as well as suggestions!