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Education expert predicts 25% of colleges will fail/close in the next 20 years

Posted on 9/9/19 at 8:26 pm
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 9/9/19 at 8:26 pm
CBS News report

Looking at you Louisiana, with your 100+ public universities for your 4-5 mil population that doesn't seem to be growing much.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67884 posts
Posted on 9/9/19 at 8:31 pm to
Big education is a huge financial bubble.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98744 posts
Posted on 9/9/19 at 8:32 pm to
They should get ahead of this.

Closed campuses could be repurposed or sold to private investors.
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 9/9/19 at 8:36 pm to
quote:

Big education is a huge financial bubble.


The only universities Louisiana needs to operate is LSU in Baton Rouge, UL in Monroe, maybe UNO, and definitely River Parishes Community College. Close the rest.
Posted by TigerPimpNationTrank
NOLA Raised / Northshore Livin'
Member since Nov 2005
3109 posts
Posted on 9/9/19 at 8:36 pm to
Could easily close half of the ones in Louisiana. Do it tomorrow and send those liberal professors to work for Starbucks where they belong
Posted by olemissfan26
MS
Member since Apr 2012
6237 posts
Posted on 9/9/19 at 8:38 pm to
Big state schools will survive and adapt. Small private schools and directional state schools will pay the price.
Posted by roadGator
Member since Feb 2009
140394 posts
Posted on 9/9/19 at 8:39 pm to
Sounds like a good start.
Posted by StrangeBrew
Salvation Army-Thanks Obama
Member since May 2009
18184 posts
Posted on 9/9/19 at 8:42 pm to
How can I short Education and profit like that guy did with MBS?
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
36020 posts
Posted on 9/9/19 at 8:44 pm to
What percentage of small private schools (especially in the South) are athletes? I was talking to a buddy who works for one of these type schools and his description of the finances of many of these institutions was startling. He said the exact same thing.
Posted by deathvalleytiger10
Member since Sep 2009
7570 posts
Posted on 9/9/19 at 8:44 pm to
This was studied during Jindals Administration.

LSU and Tech would remain.

The others would either be closed or greatly scaled down with a niche education (ex. ULM would be Pharmacy). I don’t remember the rest of the recommendations. Who knows what will happen, but it can’t continue at the present pace.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98744 posts
Posted on 9/9/19 at 8:45 pm to
quote:

The only universities Louisiana needs to operate is LSU in Baton Rouge, UL in Monroe, maybe UNO, and definitely River Parishes Community College. Close the rest


Remains open:

LSU-BR - flagship - only school with graduate programs/only law school
LSU-Shreveport (med school only)
LSU-NO med school/dental school
La. Tech-ULM merge
LSU-A (2 year college - feeds to ULL or La. Tech-ULM merged school)
ULL
McNeese (2 year college - feeds to ULL)
SUBR - all other HBCUs close
UNO
Nicholls (2 year college - feeds to LSU-BR or UNO)
This post was edited on 9/9/19 at 8:49 pm
Posted by GetBackToWork
Member since Dec 2007
6254 posts
Posted on 9/9/19 at 8:53 pm to
The small liberal arts colleges are on the bubble to face the worst. Now that everyone goes to college, there is less of a desire for the English major who studies the classics but maybe attends law school. Specialized degrees are favored. A solid foundation in western studies helps develop critical thinking, but these schools have too often gone mad. They go so far left as to be nearly antisocial, and produce graduates that are misfits outside of an academic environment.
Posted by Jrv2damac
Kanorado
Member since Mar 2004
65098 posts
Posted on 9/9/19 at 8:53 pm to
I wish it were more
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28881 posts
Posted on 9/9/19 at 8:56 pm to
quote:

Education expert predicts 25% of colleges will fail/close in the next 20 years


Posted by KillTheGophers
Member since Jan 2016
6214 posts
Posted on 9/9/19 at 8:58 pm to
Louisiana State University - 65% of funding
Louisiana Tech University - 15% of funding
University of Louisiana Lafayette - 10% of funding
University of New Orleans - 10% of funding

That is all that is needed....been preaching a model like this.

I feel bad for the historically black schools in the nation - they will be hit hard.
This post was edited on 9/9/19 at 9:08 pm
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38734 posts
Posted on 9/9/19 at 9:02 pm to
I hear things.
Posted by Jrv2damac
Kanorado
Member since Mar 2004
65098 posts
Posted on 9/9/19 at 9:02 pm to
quote:

I feel bad for the historically black school in the nation - they will be hit hard.


Let me guess what narrative feasts off that
Posted by Strannix
District 11
Member since Dec 2012
48910 posts
Posted on 9/9/19 at 9:02 pm to
LSUS too MF
Posted by Eighteen
Member since Dec 2006
33878 posts
Posted on 9/9/19 at 9:04 pm to
quote:

feel bad for the historically black school in the nation - they will be hit hard.


Those students will get priority admission to the schools that remain open, though
Posted by anc
Member since Nov 2012
18058 posts
Posted on 9/9/19 at 9:13 pm to
This will hit the South, but not as heavy as the Midwest and Northeast. Every little town in Ohio and Pennsylvania has a small college.

In Louisiana, Places like Holy Cross and OLOL are going to be hit hard, with the Centenary’s and LC type schools struggling through.

In Mississippi, I don’t see how Rust, Tougaloo and Blue Mountain make it. Belhaven is a miniature Liberty- they have built their online programs up enough that they can take a hit, but Millsaps may be looking for a merger.

The smaller public colleges are going to have to merge, plain and simple. What that plan looks like is unclear. Mississippi University for Women is 25 miles from MSU. They have very good nursing and culinary programs that could stay housed there, but I don’t think they can keep their athletic teams and such.
This post was edited on 9/9/19 at 9:16 pm
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