| Subject: Re: Forbes gave Niagara a D |
Author:
RCM
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Date Posted: Wednesday, September 25, 12:12:17pm
Author Host/IP: NoHost/146.75.236.1
In reply to:
wcpurple
's message, "Forbes gave Niagara a D" on Tuesday, September 24, 10:30:48am
There is absolutely no chance any of the 40 something’s now are going to saddle their kids with student loan debt. So many of us learned it is absolutely, positively, not worth it. It is a major major problem for all smaller schools.
The large deficit, lay offs, department downsizing etc, is a concern. What is more of a concern is the numbers are actually up this year. This likely points to a much lower yield per student. Admission numbers do not mean anything. The most important number is what each student is actually paying.
NU on its own merit is a great school. NU at 50K is not. FWIW, you can say the same exact thing about the 9 or so small private schools within a 2 hour radius of Buffalo.
At current state NU will cost $72,000 by 2034. John Carroll, Mercyhurst, CC, will as well. That is totally untenable considering the demographics of less children being born and reluctance of this generation’s parents to take on student debt.
The only real alternative for all these schools whom don’t have massive endowments is downsizing. There is a terminus to the price elasticity of higher ed. And I think everyone is just about there.
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