Monday, July 27, 2015

How Small Colleges Can Not Only Survive, But Thrive - Arthur F. Kirk, Huffington Post

With the closing of two more private not-for-profit colleges in recent months, Clearwater Christian College (FL) and Marian Court College (MA), many more college leaders and boards across the country realize they must take the difficult steps required to ensure survival for their institutions. Clearwater Christian, like Sweet Briar College, while struggling to keep its doors open for years, actually strengthened its financial position in the last few post-Great Recession years. The National Student Clearinghouse data documented a 2.4 percent decline in enrollment this spring in colleges of 3,000 or fewer students. Moody's forecast the lowest revenue growth for the sector in over a decade.

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