Rantings and tirades of a frustrated economist.
How many students? Around 500? Liberal arts in an economy which is spiraling downward?Sure, that is a formula for collegiate success.............Well, Ladies, enjoy the decline.
Like Glen says at Instapundit, what can't keep going, won't. Horses, indeed. How do you buy a house, but don't buy the land it's on? Who would do such a thing? Oh, that's right, horsies! There had to be warnings, rumbles of the volcano😂. 900 a month to stable a horse in a fancy outfit sounds cheap or subsidized.
Best quote of the article, "In 2005, it added a major in engineering sciences to attract technology minded students. “A popular major,” Mr. Rice said, “but oddly, our enrollment didn’t increase.”So if this is an all-women's school, where were the evil men to hold them back from getting engineering degrees? Hmm... (sarcasm)I feel bad for the people losing their jobs and livelihoods. Not sure why they can't sell off some land and restructure all the useless job titles there.
“I totally expected people being devastatingly sad, and I expected there to be some anger,” Mrs. Jones said in an interview. “But honestly, I never expected the venom and the irrationality.”He's president of a women's college, and yet he didn't expect "venom" and "irrationality?"Perhaps we should take up a collection and buy Mr. Jones some red-pill suppositories.
No real surprise. Too few students. Too many useless majors. Even the "real" majors were made useless by excessive focus on fluff (environmental law) vs real content (organic chemistry). Even the "engineering studies" major sounded like fluff and probably did not give their grads enough engineering skills to be viable. Decades of mismanagement. And God knows how much money was wasted on horses. One recipe for a quick demise of a college. At least the real estate probably has some value.
As I suspected - even their "engineering" curriculum was very light weight even if it was the most challenging subject they had to offer. Compare with the engineering programs at the University of Virginia or Virginia Tech (the two major engineering schools in Virginia). Both require 120 credit hours of engineering. That 40 hours of credits wasted on liberal arts and horsies really kills the value of the degree. The Engineering Science Major (B.S.)(80 semester hours)Required:BUSN 326 (3) Project Selection and ManagementCHEM 131 (3) General ChemistryCHEM 141 (1) General Chemistry LaboratoryENGR 110 (4) Designing Our World: An Introduction to Engineering DesignENGR 120 (3) Analyzing Our World: Foundations of Engineering AnalysisENGR 205 (3) Statics and Strength of MaterialsENGR 206 (3) Dynamics and KinematicsENGR 215 (4) Materials Science and EngineeringENGR 221 (4) Electrical CircuitsENGR 307 (4) Thermal and Fluid SystemsENGR 316 (3) Signals and SystemsENGR 331 (3) Machine DesignENGR 378 (1) Engineering Co-opENGR 415 (4) Systems Modeling and ControlsENGR 424 (3) MechatronicsMATH 123 (4) Calculus IMATH 124 (3) Calculus IIMATH 205 (3) Applied StatisticsMATH 223 (3) Calculus IIIMATH 328 (3) Ordinary Differential EquationsPHYS 132 (1) General Physics II LaboratoryPHYS 171 (4) General Physics IPHYS 172 (3) General Physics IIPHYS 215 (1) Matlab ProgrammingSenior Exercises:ENGR 451 (3) Capstone DesignChoose 1 of the following courses:ENGR 230 (3) Technology and Society: A Regional PerspectiveENGR 232 (3) Technology and Society: A Global Perspective
Without the Federal backstop (loans) many Higher Eds would go under overnight, period!
“I now know more about nonprofit law than I feel I know about chemistry — and I’m a chemistry major,”-I hope I never have to work with these people. I would rather work with a chemist who knows chemistry instead of nonprofit law.
Part of the reason for SB's difficulties is that you need a critical mass to do engineering well--really several hundred engineering students and a few hundred other hard scientists--to support the infrastructure needed for an engineering school. It's also worth noting that you need to do a bit of research---$$--or else the PhDs you need to teach will need to go somewhere else, lest they torpedo their employability.In other words, by starting an engineering school, administration showed they couldn't do math. Given the math intensiveness of engineering, this is hilarious to me. But sad for those who fell for it.
Q. What has four legs and eats hundred dollar bills?My Missus died in winter 2012. I managed to give the nags away when the grass turned green enough to make their upkeep economically viable to a future owner/ sucker. (All horse owners are too short sighted to realize that winter will come again.) By September, I had saved the price of a good used car. The barn is a great workshop.The vet, farrier, tack dealer, and local hay merchant aren't speaking to me anymore.
Hilariously, sweet briar appeared in the most recent edition of the Princeton Review's top colleges:http://sbc.edu/news/uncategorized/sweet-briar-recognized-princeton-review/Of course, that's a joke like USNWR rankings (Washington University of St Louis? Only two groups of people have heard of it; people in St Louis and people who read USNWR). A look at college board shows that their incoming SAT scores hover around average among takers, and they accept 94% of students (not exactly hallmarks of an elite school). It's simple, really; middle class families simply can't keep spending an arm and a leg for these little liberal arts schools. How can a school like Sweet Briar even begin to compete with a school like the U of Virginia?Also, the girl who passed on Cornell for Sweet Briar is looney tunes. Yes, program matters. I even remember my dad, as a high school senior, offering to pay for my school (no idea how he intended to do that) if I went to a closer college to home (and closer to where my sibling went). The school was a joke, though, so I attended a better one and accepted a little debt. Definitely don't regret it.
When I saw this I thought of you Capitan,"Activists Stop Paying Their Student Loans"http://www.npr.org/blogs/ed/2015/03/31/396585597/activists-stop-paying-their-student-loans
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