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re: Limestone University (SC) will close down after 179 years

Posted on 4/30/25 at 12:01 pm to
Posted by Helo
Orlando
Member since Nov 2004
4751 posts
Posted on 4/30/25 at 12:01 pm to
SWEET!

Maybe with less demand schools will start dropping tuition prices by the time mine are ready.
Posted by Jim Rockford
Member since May 2011
104384 posts
Posted on 4/30/25 at 12:02 pm to
quote:

It appears to me that any liberal arts school without a very strong regional (at least) academic reputation is in some danger over the next decade. Cost of attendance for these places has gotten way out of line for a lot of them relative to nearby public options and their employment networks. The NESCACs, W&L, Davidsons, etc. of the world have the donor base and reputations to be fine, but anything below that tier could be in trouble.


There might be some surprises in the coming years. Some fairly big names could be headed for trouble. Sarah Lawrence is one that gets mentioned frequently.
Posted by biglego
San Francisco
Member since Nov 2007
83178 posts
Posted on 4/30/25 at 12:13 pm to
quote:

The NESCACs, W&L,


You people with your fricking acronyms
Posted by scottydoesntknow
Member since Nov 2023
10265 posts
Posted on 4/30/25 at 12:19 pm to
Furthering the trend of small private schools biting the dust. Young folks are not being duped into going thousands of dollars into debt...all for no job after graduation
Posted by danilo
Member since Nov 2008
24836 posts
Posted on 4/30/25 at 12:20 pm to
quote:

schools will start dropping tuition prices

lol!!!
Posted by blueridgeTiger
Granbury, TX
Member since Jun 2004
22049 posts
Posted on 4/30/25 at 12:21 pm to
quote:


I know a couple local (BR) guys that played soccer there.


My bat-shite crazy ex-wife played basketball there.
Posted by Crowknowsbest
Member since May 2012
26823 posts
Posted on 4/30/25 at 12:26 pm to
quote:

There might be some surprises in the coming years. Some fairly big names could be headed for trouble. Sarah Lawrence is one that gets mentioned frequently.

I could see that. Acceptance rate is not great, endowment on the smaller side, etc. The cost of attendance issue is even more acute for urban schools due to cost of living.
Posted by Laugh More
Member since Jan 2022
3407 posts
Posted on 4/30/25 at 12:30 pm to
quote:

I heard their marble team was legit


Yea but it was always taken for granite.
Posted by DesScorp
Alabama
Member since Sep 2017
9610 posts
Posted on 4/30/25 at 12:42 pm to
quote:

It appears to me that any liberal arts school without a very strong regional (at least) academic reputation is in some danger over the next decade.


If its not an elite level school, then its going die soon. That's how all the private colleges will go.
Posted by Limitlesstigers
Lafayette
Member since Nov 2019
3803 posts
Posted on 4/30/25 at 1:11 pm to
My number 1 criteria will be a good employment network. My dream school for my kids is Georgia Tech since it has a great reputation, huge alumni network, good career services department, and is in the hottest job market in the South.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40251 posts
Posted on 5/1/25 at 10:50 pm to
Saw tuition and fees was like 26K per year and had an 89 percent acceptance rate.

I guess a “pay your fees get your Cs” school

What happens to the endowment when a school closes?
Posted by Downeast12
Member since Jun 2022
904 posts
Posted on 5/2/25 at 4:56 am to
quote:

Also, they started their football program a few years ago


Starting a football program has recently been a good indicator of how poorly a college is doing financially. It’s usually a plan to drive up enrollment. Limestone did it recently, the school that another poster mentioned, St. Augustine, did as well. There’s a school in WV that’s barely hanging on that just started football within last several years too.
Posted by jrobic4
Baton Rouge
Member since Aug 2011
12199 posts
Posted on 5/2/25 at 7:34 am to
quote:

headed for trouble. Sarah Lawrence


But where will non-shaving, Birkenstock wearing lesbians get their gender studies degrees?!
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