FB: Middle Atlantic Conference

[PBR...]

EDIT: btw was down at widener for my kid's track meet a few weeks ago. That campus is getting huge. Cant believe how big a footprint they have now and how many buildings on that campus. They have grown a lot since pbr was there last

It's from the football stadium revenue  
[/quote]

of course you still have to wear a bullet proof vest when walking around campus since chester is such a lovely town but the revenue from the stadium makes them readily available all over campus...

[bman]

EDIT: btw was down at widener for my kid's track meet a few weeks ago. That campus is getting huge. Cant believe how big a footprint they have now and how many buildings on that campus. They have grown a lot since pbr was there last

It's from the football stadium revenue  

of course you still have to wear a bullet proof vest when walking around campus since chester is such a lovely town but the revenue from the stadium makes them readily available all over campus...
[/quote]

Serpentine....Serpentine

[gordonmann]

So what you are saying Gordon, is that Del Val, would rather have it's students and fans subjected to the safety risks inherent in buildings with pre-modern safety standards,  than spending the needed dollars on the corrections?

That's not at all what I'm saying.  There's a difference between safety standards and accessibility issues.  We enter buildings all the time that were built before modern building codes were established. We don't demolish every existing building every time building codes are changed.  We also don't go back and renovate every building to match the new code.

As for Del Val, I'm not intimately familiar with their finances.  But my perception is that the school has made investments in facilities and programs that directly generate more money through expanded enrollment.  

And yes, I know its financially related, but Del Val has built a few buildings in the past 10 years, so they are not hurting for money.

Albright's endowment as of 2009 was $38.0 million, a 25% drop from $50.9 million in 2008.  Del Val's was $14.6 million in 2009, a 21.1 percent drop from 2008.  That gives you a sense of their different financial capacities.

And for the fun of it...

Lebanon Valley - $39.2 million in 2009
King's - $44.2 million in 2009
Wilkes - $44.6 million (2008, likely considerably lower now)
Widener - $58.2 million in 2009
Mount Union - $97.7 million in 2009
Lycoming - $102.4 million in 2009

The number I found for FDU is $20 million, but I don't know if or how that's allocated across the different campuses.

http://www.nacubo.org/Documents/research/2009_NCSE_Public_Tables_Endowment_Market_Values.pdf

[bman]

All in fun Gordon...thought that would get your "Goat"...

looking forward to this season more and more with the new WU coach...

[gordonmann]

[Lyco80]

Gordon,

I appreciate your listing the link to the endowment figures.

Lycoming's 2008 total was $132+ million with a decrease of about 23% for 2009.

Endowment's are similar to personal investments with ups and downs.  The point:  it is quite possible Lycoming will see a rebound on its paper, as will other schools, over the long run if they continue to hold and not sell.  As a personal note - one of my funds' is almost back to where it was before it tanked in Sep 2008.

The really important concept is that higher education is facility-intensive, white-collar labor intensive, and energy intensive.  These three pressures, combined with inflation force schools to make tough choices regarding athletics and the delivery of education - fewer tenured track professors, for instance.

College survival is not a guarantee - anyone remember Upsala?  Endowments will continue to support and reflect the well-being of institutions for the foreseeable future.

If you care about your alma mater - give to its endowment.

Not a football chat, admittedly, but no bucks - no Buck Rogers.

ATB

[PBR...]

Gordon,

I appreciate your listing the link to the endowment figures.

Lycoming's 2008 total was $132+ million with a decrease of about 23% for 2009.

Endowment's are similar to personal investments with ups and downs.  The point:  it is quite possible Lycoming will see a rebound on its paper, as will other schools, over the long run if they continue to hold and not sell.  As a personal note - one of my funds' is almost back to where it was before it tanked in Sep 2008.

The really important concept is that higher education is facility-intensive, white-collar labor intensive, and energy intensive.  These three pressures, combined with inflation force schools to make tough choices regarding athletics and the delivery of education - fewer tenured track professors, for instance.

College survival is not a guarantee - anyone remember Upsala?  Endowments will continue to support and reflect the well-being of institutions for the foreseeable future.

If you care about your alma mater - give to its endowment.

Not a football chat, admittedly, but no bucks - no Buck Rogers.

ATB

very true statement indeed...pbr thinks this is part of the reason dvc is going to a university status from a college....in fact they considered even renaming the school since in a survey people thought it was in the state of delaware.

[Lyco80]

I hear Western Maryland is open again.

[bman]

I remember Upsala!   Although I do remember being frightened there....

In the late 80s they had a kicker (I think his name was Popadopolous)..who was kicking 60yd field goals in warm ups (we were mesmerized)...but then missed 30 yarders is the game...

[AUPepBand]

Pep remembers the Saxons playing Upsala in the 1960s...

[D3FBFan55]

Gordon,

I appreciate your listing the link to the endowment figures.

Lycoming's 2008 total was $132+ million with a decrease of about 23% for 2009.

Endowment's are similar to personal investments with ups and downs.  The point:  it is quite possible Lycoming will see a rebound on its paper, as will other schools, over the long run if they continue to hold and not sell.  As a personal note - one of my funds' is almost back to where it was before it tanked in Sep 2008.

The really important concept is that higher education is facility-intensive, white-collar labor intensive, and energy intensive.  These three pressures, combined with inflation force schools to make tough choices regarding athletics and the delivery of education - fewer tenured track professors, for instance.

College survival is not a guarantee - anyone remember Upsala?  Endowments will continue to support and reflect the well-being of institutions for the foreseeable future.

If you care about your alma mater - give to its endowment.

Not a football chat, admittedly, but no bucks - no Buck Rogers.

ATB

very true statement indeed...pbr thinks this is part of the reason dvc is going to a university status from a college....in fact they considered even renaming the school since in a survey people thought it was in the state of delaware.

Del Val is trying to go to University status because it has zero name recognition.  Some people think its in Delaware, some think its a junior college or a community college.  Now 10 years later then they should have, they finally get the ball rolling.......and continue to ask for money!!!

Gordon, I looked up the numbers of the endowment as well and was surprised at how low Del Val's was compared to other MASC schools.  Especially considering their tuition is $39,810 a year.

What a great business to be in....the economy tanked, and colleges continue to raise tuition and fees.

[PBR...]

Gordon,

I appreciate your listing the link to the endowment figures.

Lycoming's 2008 total was $132+ million with a decrease of about 23% for 2009.

Endowment's are similar to personal investments with ups and downs.  The point:  it is quite possible Lycoming will see a rebound on its paper, as will other schools, over the long run if they continue to hold and not sell.  As a personal note - one of my funds' is almost back to where it was before it tanked in Sep 2008.

The really important concept is that higher education is facility-intensive, white-collar labor intensive, and energy intensive.  These three pressures, combined with inflation force schools to make tough choices regarding athletics and the delivery of education - fewer tenured track professors, for instance.

College survival is not a guarantee - anyone remember Upsala?  Endowments will continue to support and reflect the well-being of institutions for the foreseeable future.

If you care about your alma mater - give to its endowment.

Not a football chat, admittedly, but no bucks - no Buck Rogers.

ATB

very true statement indeed...pbr thinks this is part of the reason dvc is going to a university status from a college....in fact they considered even renaming the school since in a survey people thought it was in the state of delaware.

Del Val is trying to go to University status because it has zero name recognition.  Some people think its in Delaware, some think its a junior college or a community college.  Now 10 years later then they should have, they finally get the ball rolling.......and continue to ask for money!!!

Gordon, I looked up the numbers of the endowment as well and was surprised at how low Del Val's was compared to other MASC schools.  Especially considering their tuition is $39,810 a year.

What a great business to be in....the economy tanked, and colleges continue to raise tuition and fees.

not really but if that is why you think they are switching than by all means have at it...

[gordonmann]

Lots of schools are changing to University status.  In the past couple of years, Alvernia, Neumann and some school in Ohio called Mount Union have become Universities.  That gives rise to one of my favorite posts where someone suggests Mount Union University play the College of Wooster in the fabled MUU-COW match up.

[Jonny Utah]

Lots of schools are changing to University status.  In the past couple of years, Alvernia, Neumann and some school in Ohio called Mount Union have become Universities.  That gives rise to one of my favorite posts where someone suggests Mount Union University play the College of Wooster in the fabled MUU-COW match up.

There isn't really a huge difference is there?  I mean, you can just add one large program and call your school whatever you want.  Might cost more just to change the name on everything.  I mean, if you have never heard of Deleware Valley College or Ithaca College, you probably aren't going to hear of Deleware Valley University or Ithaca University either.

[dlippiel]

How about SU; Shocktown University: