Tier II universities, "walking dead"?

[1duluth1]

>>...Scott Galloway, professor of marketing at the New York University, ... many colleges are likely to suffer to the point of eventual extinction as a result of the coronavirus.

“You’re gonna see an incredible destruction among companies that have the following factors:
a tier-two brand;
expensive tuition, and
low endowments,” ...” because “there’s going to be demand destruction because more people are gonna take gap years, and you’re going to see increased pressure to lower costs.”

Approximating that a thousand to two thousand of the country's 4,500 universities could go out of business in the next 5-10 years, Galloway concludes, “what department stores were to retail, tier-two higher tuition universities are about to become to education and that is they are soon going to become the walking dead.”

 

[1duluth1]

I posted this - because I wonder what this will mean for athletic departments.
Even if a university doesn't fold, I would think the cost-pressures of subsidizing athletics will become too great.
Maybe that won't happen at Notre Dame or Texas... but a lot of schools subsidize their football program.

I think we eventually see contraction in division 1 (FBS).

 

[Mamie Baldwin]

>>...Scott Galloway, professor of marketing at the New York University, ... many colleges are likely to suffer to the point of eventual extinction as a result of the coronavirus.

“You’re gonna see an incredible destruction among companies that have the following factors:
a tier-two brand;
expensive tuition, and
low endowments,” ...” because “there’s going to be demand destruction because more people are gonna take gap years, and you’re going to see increased pressure to lower costs.”

Approximating that a thousand to two thousand of the country's 4,500 universities could go out of business in the next 5-10 years, Galloway concludes, “what department stores were to retail, tier-two higher tuition universities are about to become to education and that is they are soon going to become the walking dead.”

This is a big problem for WVU, which is only ranked #228 among U.S. colleges.

Many of WVU's programs are Tier II or III, such as the WVU College of Law.

https://www.usnews.com/best-colleges/wvu-3827

 

[TownesVanZandt_rivals]

They are talking more about small private liberal arts colleges.

Everything to them is based on the number of applications they receive.

 

[3xWVUenginEER]

I actually believe some universities or colleges will suffer and either go away or have to merge. I can’t estimate on the number. I do believe the colleges/Universities in WV in the old WVIAC are going to be fighting for their lives to survive because honestly there are too many right now in WV and each has its own president/vice/chancellor/etc. Waaaaay too much overhead.

As for sports, I spoke with a friend of mine today who has had I believe 10 seats together in section 125 since 1980 when Mountaineer Field opened. He didn’t renew this year for one huge reason. The AD wouldn’t guarantee a refund of both his donation and the cost of tickets if COV19 becomes an issue and cancels part of the season. The ticket cost was guaranteed refundable. The donation is a gamble. The ticket cost is much less than the donation too.

His thoughts to me were they’re gonna price live attendance way too high and attendance will be low and it’s a gamble. Basketball will be even more so in his opinion. He’s forfeiting 6 seats that are even better there.......if you actually like basketball (I don’t but 1-2 weekends a year in early March).

Based on what I’m seeing, I’m figuring this season, if there is one that’s finished will be a financial punch in the groin and if they alienate more of an already falling attendance, could be a tough sell for the future. I hope to see/hear some good news soon.

 

[Rootmaster]

Can't feel sorry for bloated athletic departments with their lavish jock palaces. Easy fix for this mess. Eliminate scholarships. Severely cut salaries while eliminating 90% coaches. Bulldoze over sized stadiums and make athletics return to stufents and student athletes...not the ******** carpetbaggers of today.

 

[Jason Voorhees]

Can't feel sory for bloated athletic departments with their lavish jock palaces. Easy fix for this mess. Eliminate scholarships. Severely cut salaries while eliminating 90% coaches. Bulldoze over sized stadiums and make athletics return to stufents and student athletes...not the ******** carpetbaggers of today.

Root Canal what is a stufents?

 

[Jason Voorhees]

Archie Bunker wants WVU football to be on par with Yale and Harvard.

 

[TownesVanZandt_rivals]

Michigan broke the Ivy League.

Ivy League schools didn't just up and decide football wasn't important.
Schools like Michigan, Georgia Tech and even Stanford took it to a level those schools couldn't reach.
College sports especially football has always represented the wealth in your state.


Schools don't just decide to stop caring about sports.


WVU is a Tier 3 school anyway.

Almost all P5 schools are Tier 3 Universities

 

[1duluth1]

Can't feel sory for bloated athletic departments with their lavish jock palaces.

I think about the university athletics arms race - and UCF building a 'lazy river' for the football players' dorm. Universities really have lost their mission.

Orlando Sentinel
>>>A planned lazy river intended for use by UCF student-athletes and deep-pocketed fans is the product of a “wrong-headed” race by universities to build extravagant facilities to gain prestige and woo recruits, critics say.<<
https://www.orlandosentinel.com/new...0191003-fwnqk36lnzaz5drlofoabd4cay-story.html

 

[CT Mountaineer]

Michigan broke the Ivy League.

Ivy League schools didn't just up and decide football wasn't important.
Schools like Michigan, Georgia Tech and even Stanford took it to a level those schools couldn't reach.
College sports especially football has always represented the wealth in your state.


Schools don't just decide to stop caring about sports.


WVU is a Tier 3 school anyway.

Almost all P5 schools are Tier 3 Universities

Not sure what you consider tiers to be, but the value of a liberal arts education really needs to be called to question these days. They don't even teach critical thinking and debate these days. They are so biased and propagandized they teach shouting down those who dare to dissent, calling them names, and marginalizing them.

Only the technical fields give value for dollar spent.

 

[CT Mountaineer]

This is a big problem for WVU, which is only ranked #228 among U.S. colleges. WVU was #164 before they changed their model in a way that essentially punished research institutions.

Many of WVU's programs are Tier II or III, such as the WVU College of Law.

https://www.usnews.com/best-colleges/wvu-3827

228 out of more than 4,000 colleges isn't too shabby.

In the State of West Virginia, about 2/3 of those teachers colleges need to be eliminated. Only Fairmont State, Shepherd, West Liberty, and WVU Tech are really strong enough to stand on their own. The community colleges need to be made 2 year additions to WVU on the Penn State model.

 

[TownesVanZandt_rivals]

Not sure what you consider tiers to be, but the value of a liberal arts education really needs to be called to question these days. They don't even teach critical thinking and debate these days. They are so biased and propagandized they teach shouting down those who dare to dissent, calling them names, and marginalizing them.

Only the technical fields give value for dollar spent.

Matters the school
A lot of them have taken the Reed College model.
But few of them have the students or professors that Reed College has.

 

[Butler-eer]

Can't feel sory for bloated athletic departments with their lavish jock palaces. Easy fix for this mess. Eliminate scholarships. Severely cut salaries while eliminating 90% coaches. Bulldoze over sized stadiums and make athletics return to stufents and student athletes...not the ******** carpetbaggers of today.

The fix for student athletes is for the NCAA to do their job in compliance.
That being said, most P5 schools can weather the COVID storm with their endowments. Small schools that don't have huge endowments will have problems and we'll see many cut back on sports, classes, professors and anything else to stay open. And yes, some will have to close. We are already seeing pressure on many of the PA state universities.

 

[Rootmaster]

The sad thing is...these small schools that a lot of people are writing off because they don't have big time sports are the bootstrap schools that give male and female children of working class folks a chance to move forward in life. And in most cases they run smaller class sizes than the huge...bloated...sports crazed schools. And i say this as a WVU grad. The states should
eliminate the financial burdens surrounding big time sports by: eliminating scholarships...trimming coaching and staff severely...bulldozing jock palaces and returning schools to their real purpose. Take any money saved and help out the smaller schools. Academics lift a thousand times more young people from poverty than any NFL and NBA dream sports programs do...or will ever do.

 

[TownesVanZandt_rivals]

[laughing]

Public schools are subsidized by the state.

We aren't talking about public universities here.

We are talking about schools that charge 20-40K a semester.
Read the OP....

Small enrollment schools with high tuition.

The state has ZERO obligation to help these small private schools our.

Get into reality. Off in bizarro land

 

[Rootmaster]

Well moron one TVZ...read the posts from others and take the time away from slurping your popsicle and try to overcome your reading comprehension deficit and read...and think.

By the way your increased use of fractured English indicates some deep seated issues. You really should go to a free clinic and be checked.

 

[TownesVanZandt_rivals]

WVU would be the very last school in the state to make structural changes to their football program

Trying to connect an article about small private colleges to a flagship state university doesn't work.

There is a huge difference...
WVU doesn't subsidize a lot of their athletics.
This is where the P5 and G5 separation is at.
You even see some P5 schools make enough money that the athletic department subsidizes the academic end.

 

[Rootmaster]

Read my previous post....

 

[Jason Voorhees]

Read my previous post....

when are you going to take a stand

 

[WVUALLEN]

Whorehees attempting another thread derailment. Leave the board troll *****.