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Stability of Universities After COVID

Red Cloud

Not a player, I just crush a lot
Braving the Forum, where I have not been in many years, to drop a bit of NYU stathead figures for discussion on a topic I suspect many here may have some interest in - the future of higher education after the pandemic.

Said stathead broke down several different metrics related to 436 schools to sort them along axes of value and vulnerability to fallout from the pandemic. Depending on which quadrant they ended up in, each school was categorized thusly:

Thrive - Schools with high value and low vulnerabilities. They have an opportunity to emerge stronger than before the pandemic as they consolidate the market, have the capacity to increase exclusivity, and/or embrace technology to increase value thanks to a decrease in costs per student.

Survive - Schools with high value but high vulnerabilities. They will see demand destruction and lower revenue, but should be fine because they have built brand equity, a strong credential-to-cost ratio, and/or endowments to get through.

Struggle - Schools with low vulnerabilities but low value. These schools are considered to have one or more comorbidities, like high admission rates (and therefore, small waiting lists), high tuition, or low endowments.

Perish - Schools with low value and high vulnerabilities. These schools have multiple issues related above under struggling schools, and could also be over-reliant on international students and/or have weak brand equity.

The author takes great pains to point out that these are basic evaulations, not predictions, but they do exist as an interesting starting point for discussion, and perhaps as a kind of early warning system for the general public.

The full description of the methodology is here.

The full worksheet is here.

For reference, here are the D-I hockey schools, since they're most likely to be of interest to people here. Several schools are missing, they were not present on the worksheet (probably due to a lack of certain information).

Thrive
Alaska-Fairbanks
Boston College
Colgate
Cornell
Dartmouth
Harvard
Holy Cross
Michigan
Michigan Tech
New Hampshire
Notre Dame
Princeton
Union
Vermont
Yale

Survive
Arizona State
Boston University
Bowling Green
Brown
Connecticut
Denver
Massachusetts
Miami
Michigan State
Minnesota
Northeastern
North Dakota
Ohio State
Penn State
Rensselaer
RIT
Western Michigan
Wisconsin

Struggle
Clarkson
Colorado College
Maine
Quinnipiac
Sacred Heart

Perish
Alabama-Huntsville
Long Island University
Robert Morris
St. Lawrence
 
I'm shocked to see Maine in Struggle. It's the main campus of the state university. The hell?

I would expect Clarkson to be okay as good technical schools rake in federal science grants and the students are kind of an afterthought. I would expect them to be in the Survive boat with RPI and RIT.

Shocked to see SLU down in Perish while Union is in Thrive. Aren't they essentially the same school?

Surprised to see Brown demoted to Survive.

Anchorage is off the chart, are they the same as UAF? And how did UAF get to thrive? I thought in general they were having serious budget problems?
 
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I'm shocked to see Maine in Struggle. It's the main campus of the state university. The hell?

I would expect Clarkson to be okay as good technical schools rake in federal science grants and the students are kind of an afterthought. I would expect them to be in the Survive boat with RPI and RIT.

Shocked to see SLU down in Perish while Union is in Thrive. Aren't they essentially the same school?

Surprised to see Brown demoted to Survive.

Anchorage is off the chart, are they the same as UAF? And how did UAF get to thrive? I thought in general they were having serious budget problems?

Maine is a poor state with relatively high taxes already. If we made better use of our ocean front land could afford to provide more for UMaine. There is a lot of money wasted on the other schools to which takes away from UMaine.

Have you ever been to SLU? That has got to be a tough sell geographically although kids who go love it.
 
Alabama-Huntsville wouldn't perish as a school unless someone in Tuscaloosa decided that killing the whole campus would be a great idea. Huntsville metro is the second-largest metro area in the state, and Huntsville city is poised to be bigger than Birmingham city in just a few years. (The metro-metro comparison isn't even close, though.) UAH has too much going for its — especially in research dollars — to be a problem. The biggest weakness that I see is the debt service on all the dorms that they built to get us up to 10k students.

GFM
 
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