DawgNBama
the Rush Limbaugh of CSNBBS
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RE: Notre Dame College shutting down
(03-02-2024 11:54 AM)johnintx Wrote: (02-29-2024 10:59 PM)Eagle Talon Wrote: (02-29-2024 08:01 PM)johnintx Wrote: Notre Dame College sponsored 24 sports. That's one way to try to keep the doors open.
Also, they were an all-women's college until 2001. They couldn't have had a large endowment.
I see what you did there.
I wasn't trying to intentionally do anything. :-)
I was just mentioning my observation that has happened with other schools: it is harder for a small school with a history as either a junior college or a women's college to build a large endowment. It takes decades to build relationships with donors, and for alumni to build high-paying careers to in turn give large amounts back to the school.
If the school was an all-women's college before 2001, their graduates were probably going into low-paying careers such as education and nursing. Therefore, they didn't have big-money alumni plowing huge sums into their endowment. Tough times have come, and they didn't have the financial firewall to survive. They're not the first, and they won't be the last.
They used sports to try to keep enrollment up and stay afloat. It worked for a while, but only for a while.
I think an X-factor in this was how long was the school an all-women's school prior to 2001 (see University of Montevallo vs MUW), which way does it skew now (see MUW), and has the campus decided to venture into the online world (ala' University of Montevallo, my alma mater, a state school). I personally believe that the University of Montevallo has saved itself by going co-ed much earlier than schools like MUW (1956 for UM, 1982 for MUW) and by going online (oddly enough, both Montevallo and MUW have online classes.
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03-02-2024 03:25 PM |
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DavidSt
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RE: Notre Dame College shutting down
I think Tiffin may stay a bit longer since they do have more students than other privates in the state.
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03-03-2024 02:33 PM |
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