Are liberal arts colleges doomed?

[kennetha]

6. 52 million dollars is a piss poor endowment!

As the article makes clear

“The problem is the business model. Colleges have long counted on wealthy students to subsidize the cost of education for those who can’t afford it. But for many institutions, that is becoming untenable. With only a $52 million endowment, Hampshire is especially vulnerable to this reality, but enrollment experts say it will affect many schools outside the most elite. Schools like Harvard, Princeton, Yale and MIT will be fine, says Jon Boeckenstedt, Oregon State University’s vice provost of enrollment management. “It’s those colleges in the middle of the curve, with good, solid, well-known reputations but not spectacular financial resources or academic reputation, that are feeling the pinch,” he explains.“

Smith College has over 1 billion. Amherst College has over 2 billion. Even weak sister Mount Holyoke has almost 800 M