Financial pressure forces reinvention at small colleges
Nestled among the trees and centuries-old homes here in a posh hilltop neighborhood, Newbury College has long been over- shadowed in a region famous for its high-powered universities.
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#1 Nov 29, 2009
Every school has problems, but in this economy they are magnified. Parents are looking for the best education at the lowest cost. That's why the state schools are being inundated with applications. Yes, Massachusetts state schools are a very good value and more parents are starting to realize that.
Though Newbury changed to a four year program several years ago, they were really known for their two year programs. That is still in most parent's minds when their children look at schools.
As such, Newbury's main competition would be the two year community colleges and state colleges, not the private schools. Their pricing should be closer to the state's than to private institutions to be competetive.
Newbury also has to figure out where its' strengths are and capitalize on them. For instance, it's very convenient to public transportation. It is also very close to the Longwood Medical area. Put those two facts together and look at providing more training for the medical community.
There are many jobs in health care that do not require a medical degree. Someone has to do the paperwork, scheduling, advertising, etc. Tailor the programs to fill those needs and most of all, make them affordable for average families.
Go back to your roots and improve the services. Eliminate "fluff" courses designed only to pull in extra bucks from the students. This is college. Students should not be forced to pay for a rehash of courses taken in high school. They should know how to read and do basic math before they are admitted. Make all the required courses for a program be useful ones.
In the current economy, students want to know they have the right training to get a decent paying job. If you satisfy that need, you will not have to worry about the future.
#2 Nov 29, 2009
You are all Penny wise and pound foolish. I'm sure that most of these parents were standing in line for hours to save a few dollars on a TV or xbox station for God's Sake would you people just wake up and recognize that the poor are getting poorer and the rich are getting richer. We just know how to do it, educate yourself about money fools....
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