Will Gannon, Mercyhurst, Seton Hill budgets survive Covid-19?

[BlueJay]

Gannon at its largest enrollment in the last 20 yrs. Gannon investing $20M in its cyber/sec program.
Extreme Networks investing $12M in GU partnership.
https://www.gannon.edu/shareworthydetail.aspx?id=830
Gannon offers 6 doctor degrees and also operates a campus in Ruskin, Fla

In 2010 boro had 8,642 last yr 4,646.
Boro seems in the category of Mansfield & LHaven

I think GU is good to go

Wow! I didn't know that about "the Boro"! I heard some talk, but never saw those numbers. That is quite alarming!

[Fightingscot82]

So they should stay open and accumulate even more debt?

And if the schools are being kept open to support the local economy, then they are little more than welfare programs.

How would they accumulate additional debt?

[Fightingscot82]

And for every West Chester, Indiana and Slippery Rock, there are Mansfield or Lock Haven or Cheyney. Hopefully the state media starts to question those as wel.

And for every West Chester, Indiana and Slippery Rock, there are Mansfield or Lock Haven or Cheyney. Hopefully the state media starts to question those as wel.

Indiana is in just as bad of an enrollment issue as Cal, Clarion, and Edinboro. People still assume they're the biggest or strongest. Only Slippery Rock in the West has maintained enrollment.

[Fightingscot82]

Wow! I didn't know that about "the Boro"! I heard some talk, but never saw those numbers. That is quite alarming!

Wow! I didn't know that about "the Boro"! I heard some talk, but never saw those numbers. That is quite alarming!

Wow! I didn't know that about "the Boro"! I heard some talk, but never saw those numbers. That is quite alarming!

Wow! I didn't know that about "the Boro"! I heard some talk, but never saw those numbers. That is quite alarming!

Wow! I didn't know that about "the Boro"! I heard some talk, but never saw those numbers. That is quite alarming!

MAJOR population loss in NWPA made worse by an open admission policy that's since been reversed. The least qualified are the least likely to be prepared for the classroom or the tuition bill. Edinboro has had the highest standard in PASSHE the last two freshmen cohorts.

[Horror Child]

He's decided that living is more important than not living...AMAZING

Yes, if the state parks didn't have the orange plastic construction fencing wrapped around the playground equipment, bodies would be stacking up in the street.

[Horror Child]

How would they accumulate additional debt?

How have the accumulated the debt they already have?

[Horror Child]

Indiana is in just as bad of an enrollment issue as Cal, Clarion, and Edinboro. People still assume they're the biggest or strongest. Only Slippery Rock in the West has maintained enrollment.

Really? They still be in the success column compared to the other schools I previously referenced. And the primary point was the state media isn't questioning the situation.

[Fightingscot82]

How have the accumulated the debt they already have?

Construction. There's a moratorium on construction debt. I believe Cheyney is the only school that had taken out debt to cover operations.

[Fightingscot82]

Really? They still be in the success column compared to the other schools I previously referenced. And the primary point was the state media isn't questioning the situation.

IUP enrollment is down 20-30% since the peak of 2010.

[Horror Child]

Construction. There's a moratorium on construction debt. I believe Cheyney is the only school that had taken out debt to cover operations.

Well all I read about is declining enrollments, primarily due to demographics, which would decrease revenue. And I haven't read the corresponding stories about the schools are proposing to decrease costs.

[Sec10-A-14]

The difference is:
When in private industry, a company facing financial difficulties. I was in the airline industry during the Sept 11th attack. No one was flying. No bail out. I had an option take a $16K/yr cut (never recovered) or hit the street. If I worked for the state of Pennsylvania Higher ED well... Its just go on strike for higher wages, after all we can always raise taxes. Remember a $15 tax increase means a $10K/yr raise for educators. With our man Gov Wolfe we could raise that tax to $20 maybe even $25 per tax payer. The sky's the limit.

[Fightingscot82]

Well all I read about is declining enrollments, primarily due to demographics, which would decrease revenue. And I haven't read the corresponding stories about the schools are proposing to decrease costs.

Every school had to submit a 5 year plan to PASSHE that addressed steps they plan to make to address impending demographic and enrollment declines. That was covered. PASSHE asked the state court $100M over 5 years to fund the infrastructure to share services and centralize some administrative functions. That too was covered. PASSHE also negotiated a retirement incentive for faculty and coaches that generated over 200 participants systemwide. Just this week they voted to extend the deal to the other unions in hopes to generate additional staff reductions. That move was overshadowed by the vote to freeze tuition.

[Fightingscot82]

The difference is:
When in private industry, a company facing financial difficulties. I was in the airline industry during the Sept 11th attack. No one was flying. No bail out. I had an option take a $16K/yr cut (never recovered) or hit the street. If I worked for the state of Pennsylvania Higher ED well... Its just go on strike for higher wages, after all we can always raise taxes. Remember a $15 tax increase means a $10K/yr raise for educators. With our man Gov Wolfe we could raise that tax to $20 maybe even $25 per tax payer. The sky's the limit.

The difference is:
When in private industry, a company facing financial difficulties. I was in the airline industry during the Sept 11th attack. No one was flying. No bail out. I had an option take a $16K/yr cut (never recovered) or hit the street. If I worked for the state of Pennsylvania Higher ED well... Its just go on strike for higher wages, after all we can always raise taxes. Remember a $15 tax increase means a $10K/yr raise for educators. With our man Gov Wolfe we could raise that tax to $20 maybe even $25 per tax payer. The sky's the limit.

Which taxes has Wolf increased?

[Sec10-A-14]

[Fightingscot82]

I'll start when you finish. Which taxes have increased under Wolf?