Future of Division III

[d-train]

ODAC has some problem children between Averett and Guilford. There are a few others that I would look real closely at before writing a check for my kid.

It was this past fall, I think, that there were some posts on the ODAC boards about financial issues and personnel discontent at Lynchburg. Are you thinking of any others?

I think Lynchburg will be ok. Thinking more of Sweet Briar or EMU. Schools very dependent on tuition and relatively small endowments.

I found some info on EMU. In this report is a graph that provides a Financial Strength Score from the Council of Independent Colleges. Based on that one metric, they seem to be stable.

EMU President's Report 2024

I wasn't able to look at the link, but I think EMU more due to the type of school. Smaller religious schools seem most at risk right now. While EMU is not strictly Menonite, or even a majority Menonite, it does have strong ties. It's a small school, under 1000 undergrads, possibly as low as 800, charges almost 50K a year on the sticker (I suspect the real cost is closer to 20K per year), and has a 40MM endowment. The school, as far as I can tell, has limited national reputation.

It's exactly the business model that I think will come under the greatest pressure, with the lone exception that there are about 200-300 graduate students on campus.

Wow - small world sometimes! Averett and Guilford both reached out to my son within the past week or so with recruiting pitches (lacrosse). He doesn't want to consider schools much smaller than 2k anyway - but with the closure of Limestone - I've been doing at least a quick check of enrollment trends and endowment numbers before we return calls from anyone. Roanoke seems relatively stable (though not a huge endowment). Wash & Lee will certainly be a target from our end. Berry has also reached out and I was pleasantly surprised by their situation.

[Ron Boerger]

Wow - small world sometimes! Averett and Guilford both reached out to my son within the past week or so with recruiting pitches (lacrosse). He doesn't want to consider schools much smaller than 2k anyway - but with the closure of Limestone - I've been doing at least a quick check of enrollment trends and endowment numbers before we return calls from anyone. Roanoke seems relatively stable (though not a huge endowment). Wash & Lee will certainly be a target from our end. Berry has also reached out and I was pleasantly surprised by their situation.

Either W&L or Berry would be excellent choices from an academic, athletic, and financial stability standpoint; while the former is likely to be hit by the increased tax likely to be placed on endowment earnings in the proposed federal budget, with just over $2B available the impact (7% of earnings) should be survivable.  With nearly $1.4B and over 2000 students, Berry should not be subjected to the higher rate and will pay the current 1.4% on its endowment earnings.