"financial crisis"
Catholic Schools Struggle to Find Their Raison d’être in a Changing World
American catholic schools’ enrollment has dropped by more than half from its peak of 5 million more than 40 years ago (New York Times – For Catholic Schools, Crisis and Catharsis). If you pay any attention to numbers and the health of institutions, a decline of more than 50% gets your attention. In the case [...]
Read MoreDo American Boarding Schools Face Growing International Competition?
The UK has it’s own financial mess on its hands- much like ours with over valued and leveraged real estate and the loans behind real estate purchases gone south- with pound sterling headed south in a directly proportional relationship. So what does this mean to American boarding schools? For years American boarding schools have been [...]
Read MoreGlobal Financial Crisis Affecting A Traditional International Student Population?
New York Times reporter Martin Fackler quotes a phrase that many of us in the tuition driven world know but seldom utter; “Korea (South) experienced a study-abroad bubble.” In his January 10, 2009 article “Global Financial Crisis Upends the Plans of Many South Koreans to Study Abroad,” Fackler elucidates the now fading convergence of the [...]
Read MoreThe Value of Living Within One’s Means: Experience Provides Advantages for Tuition Driven Schools in Tight Times
An odd thing during these times of declining endowment income- several New England colleges are doing OK. In a Boston Globe piece several smaller tuition driven schools report that the relationship with their students and school growth haven’t yet changed much. They’re used to offering good value and opportunities- funded predominately with tuition dollars. Smaller [...]
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