Georgia Nugent (@nugentgeorgia) 's Twitter Profile
Georgia Nugent

@nugentgeorgia

Classicist, College prof and prez, senior fellow at Council of Independent Colleges, sharing love for liberal arts education.

ID: 2157612044

calendar_today26-10-2013 21:56:10

360 Tweet

272 Followers

64 Following

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#2019caoi topos to pathos to ethos. We need to teach students how to turn data into narrative, and then how to move that narrative into ethical agency.

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# 2019caoi Jaschik explains why he disagrees with Clay Christensen, who overestimates the financial challenges and ignores the fact that when one college closes, others benefit...

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#2019caoi Why are colleges closing? Not because they were offering bad education. When national enrollment is down, small colleges hurt most. “When Penn State is down 100 students, nobody cares.”

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#2019caoi Low enrollment, small endowment doesn’t necessarily lead to failure. Important to realize that. But it is challenging.

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#2019caoi Discount rates are too high: typical for freshman just under 50%. Harvard has a high discount rate, but it’s “paying real money” for that discount.

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#2019caoi 3rd major problem: the general economy. Instances where a major donor is paying the structural deficit year after year. Not sustainable.

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#2019caoi 4th problem: the general denigration of the liberal arts. The “philosophy major working at Starbuck’s” is a myth: less than 1% of grads working in food service.

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“2019caoi Public higher education has advantages over the private sector in many ways. Sticker price. Broader range than liberal arts. Need a better strategy, not fighting with the publics.

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#2019caoi Hampshire and Bennett struggling mightily. Hampshire was missing it enrollment every year AND increasing the discount rate. As with Green Mountain, Hampshire had a niche. That wasn’t enough.

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#2019caoi how to prevent college closures and thrive. 1) Honesty about your situation. If not transparent, legislatures will step in (As in MA).

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#2019caoi 2) Defend the liberalarts Need to capture what la education actually provides. speak out about the importance of the liberal arts.

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#2019caoi 3) consider mergers. Most interesting: Wheelock & BU. Wheelock issued an RFP for a partner. Unusual in that this merger was not between similar institutions.

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#2019caoi be realistic about aspirational peers vs. real peers. Important to consider in light of niche. If you look just like a lot of other colleges...that’s not good.

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#2019caoi many liberal arts colleges remain largely white. That’s a problem for their survival. And it’s related to geographical location.

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#2019caoi Definition of “meaningful endowment”: if the endowment plays a significant role in the budget. Probably more than $100M