It’s now official: Sweet Briar College is staying open. There are other vulnerable small colleges out there, but this one was less vulnerable than most. One of the issues that was addressed in the court order was one of restricted endowments. What are they? Simple: they are money donated to an institution for use for… [Read More]
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Tag: Sweet Briar
Paying for College: The Sweet Briar Conspiracy Theory
I’ve been writing a lot of about college finances, most recently for Belt, and most of the stories of trouble colleges follow a predictable combination of enrollment dropoff and financial shortfall. The announced closing of Sweet Briar College in early 2015 deviated from this. Enrollment was declining, but the financial position was okay. What was… [Read More]