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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 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.
Looking at you Louisiana, with your 100+ public universities for your 4-5 mil population that doesn't seem to be growing much.
Posted on 9/9/19 at 8:31 pm to Parmen
Big education is a huge financial bubble.
Posted on 9/9/19 at 8:32 pm to Parmen
They should get ahead of this.
Closed campuses could be repurposed or sold to private investors.
Closed campuses could be repurposed or sold to private investors.
Posted on 9/9/19 at 8:36 pm to TrueTiger
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 on 9/9/19 at 8:36 pm to Parmen
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 on 9/9/19 at 8:38 pm to Parmen
Big state schools will survive and adapt. Small private schools and directional state schools will pay the price.
Posted on 9/9/19 at 8:42 pm to Parmen
How can I short Education and profit like that guy did with MBS?
Posted on 9/9/19 at 8:44 pm to olemissfan26
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 on 9/9/19 at 8:44 pm to Parmen
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.
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 on 9/9/19 at 8:45 pm to Parmen
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 on 9/9/19 at 8:53 pm to Parmen
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 on 9/9/19 at 8:56 pm to Parmen
quote:
Education expert predicts 25% of colleges will fail/close in the next 20 years
Posted on 9/9/19 at 8:58 pm to Parmen
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.
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 on 9/9/19 at 9:02 pm to KillTheGophers
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 on 9/9/19 at 9:04 pm to KillTheGophers
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 on 9/9/19 at 9:13 pm to Parmen
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.
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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