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OT: Villanova Buys Out And Will Absorb Cabrini

bigmatt718

bigmatt718

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kupuna133

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Article clearly states that 2024 will be the last graduating class and that they will help students transfer to other institutions. Wife is a nova alum and Novas campus is pushed to the max, with multiple ongoing construction projects and no real additional room to expand. This acquisition will not be used to create a collab with existing Cabrini, this was a real estate play.
 
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Shelby65

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Isn’t Cabrini on our 2024 football schedule ? Who will Schiano replace them with ? All that matters is the W , right Al ?
 
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hoquat63

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Daughter graduated from Nova in 2000. They were always doing construction back then. Housing was so limited seniors were required to live off campus.
 
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KnightFan

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Kbee3 said:
$35K ???
Who can afford that ? And why would they pay that much for that "product" ?
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35k is pretty much in line with what Rutgers charges for out of state students .. it’s really not that much for tuition

It’s shocking to type that, but true
 
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S_Janowski

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Kbee3 said:
$35K ???
Who can afford that ? And why would they pay that much for that "product" ?
Click to expand...

Room and board is about $15K so that’s about $50k total before any financial aid.

Why anyone would pay that to attend a school like Cabrini beyond my comprehension lol.
 
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KnightFan

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S_Janowski said:
Room and board is about $15K so that’s about $50k total before any financial aid.

Why anyone would pay that to attend a school like Cabrini beyond my comprehension lol.
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Given that they are selling out, seems that not too many people are paying that…
 
bigmatt718

bigmatt718

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S_Janowski said:
Room and board is about $15K so that’s about $50k total before any financial aid.

Why anyone would pay that to attend a school like Cabrini beyond my comprehension lol.
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If I'm Rider, I'm not sleeping comfortably right now. Their sticker price is right around that $50K ballpark annually and just like Cabrini, Rider doesn't really excel at anything of note academically. Someone said Rowan could potentially try to buy them out to gain a foothold into Central Jersey.
 
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kupuna133

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bigmatt718 said:
If I'm Rider, I'm not sleeping comfortably right now. Their sticker price is right around that ballpark and just like Cabrini, Rider doesn't really excel at anything of note academically. Someone said Rowan could potentially try to buy them out to gain a foothold into Central Jersey.
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I agree there will be major upheaval within the collegiate landscape. Secondary, tertiary level private school will be forced to either merge or close in the coming years. Already seeing this with Bloomfield/Montclair buyout. I can see great pressure on Rider, Centenary, Georgian Court Felician etc in NJ to seek alliances or to adjust their focus.
Can’t imagine Rowan would be allowed to move that far north and encroach upon TCNJ. I can see TCNJ annexing the Rider campus. It’s only 3 miles down the road.
 
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Scarlet Craig

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S_Janowski said:
Cabrini is a small D3 private school that isn’t well known for anything and with a tuition cost of about $35K.
This kid is definitely not F’ed lol.
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Could be wrong but I thought they played D2, at least in baseball. My son was looking at it.
 
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ecojew

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I was surprised to see that Cabrini had graduate programs - 300 grad students right now. Grad programs are expensive to run and small schools like that don't really attract the kind of research funds needed to support grad students. That could have been a big part of their financial deficit, though the article didn't specifically mention it.

And medical schools are exceptionally expensive to operate, as Hofstra has been learning. So the idea that Nova can open one from its basketball money is ridiculous, especially with the reduced Big East payouts since the departure of the football schools.

I think it is the smaller - Cabrini-sized institutions that will be in trouble. I doubt that Rider and SHU are in much trouble at this point. Most people here won't remember, but the 1970s were very similar, minus COVID, to the pressures on non-elite private schools to what is occurring now. Syracuse was close to selling out to SUNY at one point and Hoftra mortgaged its soul (and all procurements) to the Nassau machine (aka, the Mafia) at that time to remain open. It was a difficult period due to the end of the "baby boom" numbers of high school graduates and the onset of the "baby bust" generation.
 
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Shelby65

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ecojew said:
I was surprised to see that Cabrini had graduate programs - 300 grad students right now. Grad programs are expensive to run and small schools like that don't really attract the kind of research funds needed to support grad students. That could have been a big part of their financial deficit, though the article didn't specifically mention it.

And medical schools are exceptionally expensive to operate, as Hofstra has been learning. So the idea that Nova can open one from its basketball money is ridiculous, especially with the reduced Big East payouts since the departure of the football schools.

I think it is the smaller - Cabrini-sized institutions that will be in trouble. I doubt that Rider and SHU are in much trouble at this point. Most people here won't remember, but the 1970s were very similar, minus COVID, to the pressures on non-elite private schools to what is occurring now. Syracuse was close to selling out to SUNY at one point and Hoftra mortgaged its soul (and all procurements) to the Nassau machine (aka, the Mafia) at that time to remain open. It was a difficult period due to the end of the "baby boom" numbers of high school graduates and the onset of the "baby bust" generation.
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Correction-grad schools in the sciences are expensive to run. Grad programs in humanities, education and social work are not expensive. I imagine its grad programs are largely, if not entirely, not in the sciences. Like Seton Hall, Montclair St, Stockton, Monmouth etc
 
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kupuna133

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Shelby65 said:
Correction-grad schools in the sciences are expensive to run. Grad programs in humanities, education and social work are not expensive. I imagine its grad programs are largely, if not entirely, not in the sciences. Like Seton Hall, Montclair St, Stockton, Monmouth etc
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Exactly. A couple colleagues of mine were adjunct professors teaching at various graduate MBA programs throughout the tri state area. They were barely reimbursed for their expenses.

Sister in law was a professor at a nursing BSN/grad program and most of her staff were adjunct. Paid very far below standard and they were the highest paid staff compared to social work and education the other grad programs offered.
 
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Shelby65

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Further, religion is waning in this day and age, especially in the age group we’re talking about. Aside from the big name Christian schools, there’s not enough interest to fill all the rest.
 
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bigmatt718

bigmatt718

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kupuna133 said:
I agree there will be major upheaval within the collegiate landscape. Secondary, tertiary level private school will be forced to either merge or close in the coming years. Already seeing this with Bloomfield/Montclair buyout. I can see great pressure on Rider, Centenary, Georgian Court Felician etc in NJ to seek alliances or to adjust their focus.
Can’t imagine Rowan would be allowed to move that far north and encroach upon TCNJ. I can see TCNJ annexing the Rider campus. It’s only 3 miles down the road.
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Wonder if TCNJ would move up to D1 for sports if they absorb Rider down the road. Honestly wouldn't mind seeing that as they'd have the facilities for D1 sports via Rider should they buy them out (new hoops facility). I could see them moving up to FCS for football and becoming a rival with Princeton OOC, Monmouth and eventually Rowan should they eventually go D1 as well in maybe the MAAC or CAA.
 
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Section124

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Most of the private schools give scholarships and grants. As a result, a good number of kids may be attending at a lower price than in-state public schools. Also, I know nothing about Cabrini, but if it has a nursing school, that helps to keep it going.
 
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kupuna133

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bigmatt718 said:
Wonder if TCNJ would move up to D1 for sports if they absorb Rider down the road. Honestly wouldn't mind seeing that as they'd have the facilities for D1 sports via Rider should they buy them out (new hoops facility). I could see them moving up to FCS for football and becoming a rival with Princeton OOC, Monmouth and eventually Rowan should they eventually go D1 as well in maybe the MAAC or CAA.
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Riders facilities are bad. Rally bad. They were bad late 90’s when Harnum coached an I would visit regularly. And there has been no upgrades to speak of. I would think TCNJ facilities outpace Riders.
 
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Sir ScarletKnight

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kupuna133 said:
Riders facilities are bad. Rally bad. They were bad late 90’s when Harnum coached an I would visit regularly. And there has been no upgrades to speak of. I would think TCNJ facilities outpace Riders.
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Went to a TCNJ vs Rutgers Camden basketball game a couple years ago. Basically a high school gym. If nothing else, Rider has a nicer basketball spot.
 
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kupuna133

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Sir ScarletKnight said:
Went to a TCNJ vs Rutgers Camden basketball game a couple years ago. Basically a high school gym. If nothing else, Rider has a nicer basketball spot.
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Rider is a glorified high school gym also. And was built in the 50s with minimal upgrades outside of paint.
 
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kupuna133

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Mr_Twister said:
This is the way other Big Ten fans think of the RAC.
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Agreed. And it’s not just B1G fans. Took a buddy of mine that went Marquette to the RAC. He said there were 3 larger gyms in his conference in high school in Indiana. He wasn’t lying. Showed me the pics. They held in the mid to high 8k
 
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