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College Fighting for Survival Is Slashing Econ and Physics Majors

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1 points by drivebyhooting 4 days ago · 1 comment

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bell-cot 4 days ago

My impression, from reading many "college X is in grim shape" stories over the years, is that poor financial management is behind most those. Alumni, students, and most of the decision makers around a modern US college are far too focused on prestige, more-is-better, and "sounds cool" metrics. Vs. Vice-Chancellor "No", the college CFO, is the least popular person on campus.

So long as both enrollments and tuition are growing at ten-ish percent annually, you can get away with a whole lot of poor money management. But when things aren't going so well...oops.

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