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College Closings: the first dominos start to fall

Posted on 7/28/20 at 9:59 pm
Posted by DesScorp
Alabama
Member since Sep 2017
6444 posts
Posted on 7/28/20 at 9:59 pm
I think you'll see a lot of these for-profit colleges going first. Then you'll see the private non-profit colleges with small endowments go. State colleges will always have some measure of state funding (though they may close branch campuses). The Ivies have endowments so huge, they'll never close, unfortunately.

Pioneer Pacific College and Oregon Culinary Institute closing permanently

quote:

Oregon’s public colleges and universities don’t appear in immediate danger of failing, but community colleges and four-universities are cutting jobs and salaries in anticipation of low enrollment this fall.

Pioneer Pacific and the Oregon Culinary Institute did not respond to a phone call or an email seeking comment on the closure plans and information about how the closures will affect students currently enrolled.

The schools said they will permanently lay off 131 faculty and staff. The letters to state workforce officials describe the closure as “permanent,” beginning July 31.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57126 posts
Posted on 7/28/20 at 10:00 pm to
quote:

State colleges will always have some measure of state funding (though they may close branch campuses).


Not in Louisiana.
Posted by momentoftruth87
Member since Oct 2013
71115 posts
Posted on 7/28/20 at 10:02 pm to
quote:

Pioneer Pacific and the Oregon Culinary Institute


You can't be serious here using these as your argument lol
Posted by rt3
now in the piney woods of Pineville
Member since Apr 2011
140990 posts
Posted on 7/28/20 at 10:05 pm to
end of June...

Johnson and Wales University to close Denver & North Miami campuses
This post was edited on 7/28/20 at 10:09 pm
Posted by beachdude
FL
Member since Nov 2008
5622 posts
Posted on 7/28/20 at 10:10 pm to
Cornell will be open for live instruction. Very surprised as several of the other “Ivies” have opted for online hypnosis.
Posted by teke184
Zachary, LA
Member since Jan 2007
94769 posts
Posted on 7/28/20 at 10:20 pm to
Even JBE could have a tough time justifying the raising of taxes while the state continues to fund an institution with a single digit graduation rate in SUNO.

Southern BR and Grambling suck but it can be argued there is some purpose there. POSSIBLY. SUNO? No history, no track record of success, no willingness by the state to hold them to ANY standards.
Posted by AU4real35
Member since Jan 2014
16065 posts
Posted on 7/28/20 at 10:32 pm to
This needs to happen.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72447 posts
Posted on 7/28/20 at 10:39 pm to
quote:

several of the other “Ivies” have opted for online hypnosis.


ISWYDT
Posted by beachdude
FL
Member since Nov 2008
5622 posts
Posted on 7/28/20 at 10:56 pm to
quote:

ISWYDT


No.
You did not.
There is nothing to see.
Go on about your business.??
Posted by DesScorp
Alabama
Member since Sep 2017
6444 posts
Posted on 7/28/20 at 10:57 pm to
quote:

You can't be serious here using these as your argument lol


How many more would you like to see?

Back up to where I said part 2 would be small private schools. One thing I hadn't considered was that some would try to survive through mergers and/or consuming other small schools (i.e. one stays open but eats all the other's students). THIS is already happening as well:

In opposition to the Marlboro College merger

There's also a lot of talk that Bard College is in deeper financial trouble than they're letting on. Deep enough that big donations from alums like Chevy Chase and Donald Fagen couldn't save them. Despite having an outsized cultural influence, Bard's endowment is only around $250 million, and they have a good deal of debt. THAT is the kind of combination that's going to start killing "real" colleges.

Posted by Purple Spoon
Hoth
Member since Feb 2005
17760 posts
Posted on 7/28/20 at 11:05 pm to
quote:

Cornell will be open for live instruction






Posted by momentoftruth87
Member since Oct 2013
71115 posts
Posted on 7/28/20 at 11:14 pm to
quote:

Bard's endowment is only around $250 million, and they have a good deal of debt. THAT is the kind of combination that's going to start killing "real" colleges.


Now tell me how much each SEC football program makes and grosses each year. It's more than these little schools make. Just for a sport!
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 7/28/20 at 11:18 pm to
It’s all about the election in November. If our president played it differently he’d still be president in 2021. We are F#^%\
Posted by LordSaintly
Member since Dec 2005
38834 posts
Posted on 7/28/20 at 11:30 pm to
Louisiana will never close any of its public HBCUs. Jindal hinted at closing SUNO and people lost their minds.
Posted by Taxing Authority
Houston
Member since Feb 2010
57064 posts
Posted on 7/28/20 at 11:38 pm to
quote:

Pioneer Pacific and the Oregon Culinary Institute
OMG! How will we survive?
This post was edited on 7/28/20 at 11:40 pm
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
9288 posts
Posted on 7/28/20 at 11:55 pm to
quote:

How many more would you like to see?

Back up to where I said part 2 would be small private schools.

I think the point he was making was probably that:
- One if these colleges is the Pacific NW version of ITT Tech.
- The other is a culinary school.

Both are basically vocational schools. While your point about small private schools closing may be valid, these are a far cry from Pepperdine.
Posted by TizzyT4theUofA
This side of eternity
Member since Jun 2016
10033 posts
Posted on 7/29/20 at 12:29 am to
quote:

Pioneer Pacific and the Oregon Culinary Institute did not respond to a phone call


Well, they closed their doors so...
Posted by BigJim
Baton Rouge
Member since Jan 2010
14473 posts
Posted on 7/29/20 at 12:48 am to
Uhm, except he did exactly that and got re-elected.
Posted by Muleriderhog
NYC
Member since Jan 2015
3116 posts
Posted on 7/29/20 at 3:33 am to
quote:

Pioneer Pacific and the Oregon Culinary Institute


quote:

for-profit colleges


Good, for-profit colleges should be illegal. They are predatory and fricking useless.

Also, these are terrible examples. The only schools that will shut down permanently because of this are schools that shouldn’t have been open in the first place.
This post was edited on 7/29/20 at 3:36 am
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 7/29/20 at 3:47 am to
As a college grad I say this with get regret but college closings May be a great collateral damage event from COVID!

Kids are getting brainwashed in college in a bad way. Totally different when I went in 70s!

And if professors lose tenure, retirement money and ability to destroy young minds ..... well, that’s great

Our conservative neice came out of college a liberal pink haired airhead, literally and took 5.5 years(no, not 4) to get done and she’d loved to have kept going if Mom and dad had kept fully supporting her brainwashing
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