Bard, Sarah Lawrence on NYU professor's list of endangered schools
Jul 27, 2020 2:45 pm
Geoff Herbert is reporting for newyorkupstate [dot] com according to a new analysis published in the Boston Business Journal, more than a dozen colleges and universities in New York are among those most likely to disappear in the middle of the coronavirus pandemic. The Journal is reporting that experts predict 10 to 20 percent of U.S. higher education institutions may be forced to close permanently within the next 12 months. Many colleges were struggling financially before COVID-19, and now many face a loss of revenue if fewer students are on campus to pay for room and board. Scott Galloway, a New York University marketing professor, has published a blog post outlining which schools are expected to “perish, struggle, survive or thrive” due to COVID-19, listing 437 colleges and universities. According to Galloway's analysis, nearly 90 schools are in danger of perishing nationwide, including five in upstate New York and 14 statewide. Schools on Galloway's endangered list, Bard College, Fordham University, Hofstra University, Pace University, Sarah Lawrence College. Skidmore College, St. John’s University, St. Lawrence University, The Sage Colleges and Yeshiva University. Some schools like Cornell University, Hamilton College and SUNY-ESF are expected to “thrive,” according to Galloway. Some disputed Galloway’s analysis, including those at some of the schools on the perish list. “...[H]is prognostications are unsound,” Christopher Ames, president of the Sage Colleges, told the Albany Business Review. Read the full story at newyorkupstate [dot] com.