Future of Division III

[Ron Boerger]

Middlebury's endowment increased from $1.6B in June '24 to $1.73B in June '25; it'll be interesting to see what they do with the proceeds of this sale.  The balance sheet is strong with $2.4B in assets and $539M in liabilities, of which $372M (edit: not B!) is long-term debt.   

[ziggy]

It seems to me any school carrying debt has a fairly obvious target for funds that are otherwise unallocated.

[jknezek]

It seems to me any school carrying debt has a fairly obvious target for funds that are otherwise unallocated.

Not really. Nothing wrong with having some debt. It's cheap money for most of these high quality schools.

[WUPHF]

It seems to me any school carrying debt has a fairly obvious target for funds that are otherwise unallocated.

Say you have never worked at a college or university without saying you have never worked at a college or university.

[ziggy]

It seems to me any school carrying debt has a fairly obvious target for funds that are otherwise unallocated.

Say you have never worked at a college or university without saying you have never worked at a college or university.

My perspective is admittedly driven by more of my approach to personal finance than the operational norms of institutions of higher learning.

[WUPHF]

My perspective is admittedly driven by more of my approach to personal finance than the operational norms of institutions of higher learning.

I am joking of course.

I could have said say you were smart enough not to work at a college without...

[WUPHF]

It was also mentioned Drake would be an option, but the Des Moines area already has the Des Moines University College of Osteopathic Medicine.  With med schools in Dubuque, Iowa City, and Des Moines, I would think a school like Morningside in Sioux City would be the next best option in the state. 

I was aware of the other osteopath school in Des Moines, a major city that could very easily support two medical schools.  My point was that the go-to is typically private research universities.  Santa Clara, Lehigh, etc. 

The decision by all involved to establish a medical school at the University of Dubuque in the 21st century is paradigm shift.

Here is a game-changing idea for the state...

The Archer Daniels Midland School of Dentistry at Coe College.

[Gregory Sager]

A decade and a half ago there was a heavily-recruited 6'9" high school senior who announced on social media that he was going to play basketball for Augustana because it had a great medical school. He apparently meant that he'd heard that it had a great pre-med major, or that Augie biology majors had a good track record for doing well on the MCAT and getting into med school, but on the CCIW board we had loads of fun with his declaration. (As it turned out, he left the Augie basketball team halfway through his career there, and he ended up graduating from Augustana with a B.A. in communications.)

His enthusiasm about Augustana's medical school is the first thing I thought of when I read the words "Archer Daniels Midland School of Dentistry at Coe College," because back then we joked about the "John Deere School of Medicine at Augustana College."